BlockBeats News, May 19, according to GMGN monitoring, the Base ecosystem Meme coin TSG surged significantly after opening in the afternoon today, with a peak market cap exceeding $6.7 million. It is currently trading at around $6.4 million, with a trading volume of $6.7 million during the same period.

It is reported that TSG, meaning The Sleeping Giant, was first mentioned by a Base ecosystem KOL in a post, which was then manually reposted by Base founder Jesse. The Base official account also simultaneously released related meme images, and with the endorsement of well-known crypto KOL Ansem, the meme coin gained widespread attention upon its listing.

BlockBeats reminds users that Meme coins experience huge price fluctuations, rely heavily on market sentiment and hype, have no real value or use case, and investors should be aware of the risks.