Moonshot Launches Meme Token $Franklin with $6.76M Market Cap
Franklin’s recent 160% price surge and $21M market cap highlight intensified speculative demand fueled by viral cultural and political memes around its turtle mascot.
SOL
Summary
The Solana-based meme token Franklin surged 160% in 24 hours, reaching $0.021 per token and a $21 million market cap. Named after a cartoon turtle, Franklin gained renewed attention after a political satire meme by Pete Hegseth circulated online. This latest rally follows earlier volatility including a 404% launch-day spike on December 6 and rapid trading momentum on December 8. The combination of cultural relevance and speculative interest continues to drive substantial price movements.
Terms & Concepts
- Meme token: A cryptocurrency inspired by internet memes or popular culture, often driven by community engagement rather than fundamental utility.