FLORK on Ethereum Surges Over 21-Fold Intraday, GMGN Data Shows

GMGN reported FLORK’s market capitalization briefly topped $9 million before falling to $6 million, while Odaily cautioned investors about meme coin volatility.

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Terms & Concepts
  • Meme coin: A cryptocurrency often driven by internet culture, community attention, and speculative trading rather than fundamental utility.
  • Market capitalization: The total market value of a cryptocurrency, typically calculated by multiplying its token price by circulating supply.
  • Ethereum: A major blockchain network that supports tokens and smart contracts (self-executing blockchain code).