Ethereum Network meme coin RATO's market cap surged past $30 million this morning and then retraced, with a 24-hour gain of 62.44%.

BlockBeats News, May 11th, according to GMGN market data, the market cap of the Ethereum network meme coin RATO broke through 30 million U.S. dollars this morning and has now fallen to 26.01 million U.S. dollars, with a 24-hour increase of 62.44%.

BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and concept hype, with no actual value or use case. Investors should be aware of the risks.