Elon Musk responds to Base ecosystem meme coin Russell's post; the coin surges 3x in a short time before pulling back
BlockBeats News, on December 19, Elon Musk responded to a post about the Base ecosystem meme coin Russell on the X platform with a "fire" emoji at noon today. The coin surged 3 times in a short period before pulling back.
According to Russell, its current market capitalization is reported at $9.4 million, with a 24-hour trading volume reaching $5.5 million.
BlockBeats reminds users that meme coin trading is highly volatile, often relying on market sentiment and hype around concepts, without actual value or use cases. Investors should be aware of the risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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