Recently, the Meme coin FISH on the Solana chain has surged in popularity, with a market capitalization surpassing $12 million and a 24-hour increase of 35.7%. The coin has been influenced by the revival of the well-known account Rainbow Fish, leading to strong market speculation. However, Meme coin trading is highly volatile, and risks should be carefully managed.

ChainCatcher News, according to GMGN data, the Solana-based Meme Coin FISH reached a new all-time high today with a market cap of over $12 million. Currently, the market cap is $8.5 million, with a 24-hour trading volume of $7.8 million and a 24-hour increase of 35.7%. The coin's inspiration comes from the character in the international bestseller "The Rainbow Fish." Its recent popularity originated from the well-known parody account Rainbow Fish on the X platform — this account, after four years of silence, suddenly returned and engaged in meme interactions on the afternoon of January 1. Subsequently, a token with the same name appeared on Pump. fun, which drove speculation on FISH and related Meme Coins on Solana. The market cap once surged from about $70,000 to $700,000 within a day, with growth