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Today I noticed that PsyopAnime on Solana suddenly surged quite strongly, reaching $0.0088 with a 35% increase in the past 24 hours. Its market cap surpassed $10 million this morning, now stabilizing around $8.85 million. This coin is linked to a famous content creation group that makes short animated videos using AI to explain news and global events, so it also has a reason to be a popular meme within the Solana community.
But in reality, well-known meme coins like this are also quite risky, as their prices are often more influenced by the market than by real value. They can skyrocket at any moment but can also plummet freely, due to their highly speculative nature. I see that popular memes tend to be bubble-prone, so anyone wanting to join should warn themselves about this volatility.