GMGN data shows CHOG rebounded sharply to a $4.1M market cap, becoming Monad’s largest meme coin despite volatility warnings and limited utility concerns.
GMGN data reports that CHOG, a meme coin on the Monad blockchain, surged 60% in 24 hours from under $2.5 million to a $4.1 million market cap, priced at $0.0041, making it Monad’s largest meme coin by value. This rebound follows prior declines in most Monad meme coins, including CHOG’s fall from over $10 million. Moncock previously recorded a 350% daily jump to $1.2 million. BlockBeats continues to caution that such tokens face high volatility and typically lack genuine use cases.