The market value of the Solana-based meme coin Baton briefly surpassed 18 million USD in the early morning, setting a new historical high

According to GMGN data, the market capitalization of the Solana-based meme coin Baton briefly surpassed 18 million USD, setting a new historical high, with a 24-hour increase of 86.8%, currently reported at 12.3 million USD.

It is reported that BATON is a community meme coin derived from the history of Baton Corporation, the company behind Pump.fun, and its early project Baton Finance, with the paired token being the platform token PUMP of pump.fun. This token only borrows the relevant narrative and has no official connection with Pump.fun. Market news reminds users that meme coin prices are highly volatile, and investors should participate with caution.