BlockBeats News, September 8 - According to GMGN market data, the Solana blockchain Meme coin "Just a Backpack" briefly surpassed a market cap of $4 million, now reported at $2.98 million, with a 24-hour trading volume of $6.4 million.

On-chain data shows that crypto trader Ansem spent $15,000 to purchase 4.5 million "Just a Backpack" tokens. "Just a Backpack" is a Backpack-themed Meme coin and is paired with the Backpack token BP for trading.

BlockBeats reminds users that Meme coins often lack practical use cases and experience high price volatility; investment should be approached with caution.