Market data from September 29 reveals that the Solana ecosystem has introduced a new Meme coin named Point of Dog (POD), which has surged over 20,000% since the token contract was deployed at 2 a.m. today. Currently, POD’s market capitalization stands at approximately $6.94 million, with its coin price at around $0.0069. It is crucial to note that Meme coin prices are highly volatile and typically lack intrinsic value. Investors are advised to manage their assets prudently and engage in trading with a high degree of caution, as the market can be unpredictable and risky.
Source: https://en.coinotag.com/breakingnews/solanas-new-meme-coin-pod-soars-over-20000-in-value-since-launch/