Solana-based meme coin (a token driven largely by online community interest) baton briefly exceeded a $10 million market capitalization after rising more than 470% in 24 hours, according to GMGN data cited by Odaily. Its market capitalization later stood at $7.9 million. BATON is a community token built around historical narratives linked to Baton Corporation, the company behind Pump.fun, and its early project Baton Finance. The token only borrows those narratives and has no official connection with Pump.fun. Odaily cautioned that meme coins can experience sharp price swings and advised investors to participate carefully.