Viral Photo of French Shopkeeper Becomes Solana Meme Coin PIERRE With 155x Run
- —PIERRE's market cap rose from $9,700 to about $1.51 million in roughly nine hours
- —24-hour Pumpswap volume hit $5.9 million, with 34,666 buys against 28,426 sells
- —One trader turned $200 into $34,000, but 69.2% of wallets lost money
- —The token has already given back about 27% from its peak and has no link to the man pictured
Why it matters: The episode shows how viral attention can mint a seven-figure market cap in hours with no product, while most memecoin buyers end up underwater.
Source: Bitcoin.com