GMGN data showed the SOL meme coin briefly above $40 million after a sharp intraday move, following a clarification that CATE is unrelated to the DOGE owner.
CATE, a SOL meme coin, briefly pushed its market value above $40 million and was last reported at $40.8 million, with its intraday gain exceeding 100%. The move came after the DOGE owner clarified that CATE has no connection to them and said they only recognize the official DOG and COCORO projects.