BlockBeats News, on June 11, according to GMGN data, the Meme coin SHOGGOTH on the Solana chain experienced a short-term surge, soaring over 100% in 3 minutes. Its current market cap is $14 million, with a 24-hour trading volume of $2.5 million.
BlockBeats reminds users that Meme coins often lack real utility and are highly volatile; investments should be made with caution.