BlockBeats News, May 13, according to GMGN monitoring, the Solana-based Meme coin aura saw a rebound after a pullback, with its market cap surpassing $30 million from a low of $20 million, a 32.6% increase in the past 24 hours, and a 24-hour trading volume of $2.3 million.
The current surge of aura originated from a meme image posted by the official Binance Twitter on May 9 with the caption "aura maxxxxing," which immediately ignited the trading of the Solana-based meme coin with the same name.
BlockBeats reminds users that Meme coins are highly volatile, mainly driven by market sentiment and hype, lacking practical value or use cases. Investors should be aware of the risks involved.
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