According to GMGN market data, on February 23, the Solana-based meme coin Neet surpassed a market cap of $28 million, surging by 85.17% in 24 hours, with trading volume reaching $2.7 million.
It is worth noting that meme coins typically lack practical use cases and are highly volatile. Investors should exercise caution when participating in such projects, avoiding the temptation of short-term gains while overlooking the inherent risks.