According to tracking data, the well-known X account Rainbow Fish purchased 5 million FISH meme coins on January 8 and locked them until 2027. The news triggered a sharp surge in FISH price, which rose 66% in a short period and briefly surpassed a market cap of $13.36 million. Although it later pulled back, the coin's market cap remained above $11.1 million, with its current price hovering around $0.011.
Inspiration and Viral Growth
The FISH meme coin draws its design inspiration from the iconic character in the internationally acclaimed book The Rainbow Fish. Its recent popularity originated from a parody account on X that had been dormant for years but made an unexpected return on January 1, sparking widespread online interaction.
Shortly after, a token with the same name appeared on Pump.fun, further fueling interest in FISH and related meme coins on the Solana blockchain. In just one day, FISH's market cap skyrocketed from around $70,000 to $700,000—an almost tenfold increase.
Impressive Trading Volume
At present, FISH has achieved a 24-hour trading volume of $6.2 million, ranking third among the most actively traded tokens, highlighting strong market engagement and investor interest.