Meme Coin Balaji's Market Cap Surges Above $20M Briefly, with a 123% 24-Hour Growth

BlockBeats News, August 25, according to GMGN market data, the market cap of the Base ecosystem Meme coin balajis briefly exceeded $20 million and is now back to $19.48 million, with a 24-hour increase of 123%.

Coinbase CEO Brian Armstrong posted a screenshot on X platform yesterday at 6:01, showing his purchase of 4,964,005 balajis, currently worth about $99,000. Brian Armstrong also retweeted a tweet from Jesse Pollak, the head of the Base ecosystem, stating that users can now directly purchase any Zora creator token in the Coinbase app.

balajis is created through the Zora platform and is a Meme concept coin named after former Coinbase CTO and angel investor Balaji Srinivasan.