Solana On-Chain WOULD Token Experiences Rapid Surge, Market Cap Doubles from Bottom



On-chain data shows that the WOULD meme token within the Solana ecosystem performed explosively today. This token, derived from a viral tweet, briefly surpassed a $110 million market cap in the morning. Although it later retraced to $85 million, it still remains around $0.085, representing an 80% increase over the past 24 hours.

What’s more notable is its long-term performance—since January 2, WOULD has gained a total of 223.5%, indicating that this rally is not just a flash in the pan. The activity of on-chain whales also confirms market enthusiasm. A major buying address (6kuz) bought approximately 1.23 million WOULD tokens at an average price of $0.056 yesterday afternoon, currently showing an unrealized profit of 50%.

The background of this WOULD meme token’s popularity is worth noting. Its concept originated from a creative joke about Japanese Prime Minister Fumio Kishida posted by Twitter user WouldCoinDev. The turning point came with Elon Musk’s involvement—this tech billionaire expressed "I love this meme" on social media along with related emojis, which instantly ignited the token’s momentum, pushing its market cap to as high as $700 million. This demonstrates the powerful influence of celebrity effects within the Meme ecosystem.

It should be pointed out that the WOULD meme token has been in the market for 529 days, which is significantly longer than many short-lived meme coins, indicating a greater “lifespan.” However, this also means holders have endured a long waiting period.

**Risk Warning**: Meme coins are inherently driven by sentiment and concepts, lacking fundamental support and practical utility. Their prices are highly volatile and unpredictable. Investors should fully recognize the high-risk nature of such assets before entering.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)