CHOG, a meme coin in the Monad ecosystem, rebounded from under $2.5 million to $4.1 million in market cap within 24 hours, representing a 60% surge and pricing at $0.0041. According to GMGN data, it is now the largest meme coin in the ecosystem by value. BlockBeats reiterated that such tokens remain highly volatile with no substantive real-world utility, underscoring ongoing caution in the market.