x402 Protocol Token PING Market Cap Temporarily Surges Above $15 Million, with a 24-hour Growth of 456%

BlockBeats News, October 24th, according to GMGN data, the market cap of x402 protocol token PING temporarily exceeded 15 million US dollars, currently at 12 million US dollars, with a 456% 24-hour increase and a 3.5 million US dollar 24-hour trading volume.

x402 is an open payment protocol developed by Coinbase, which enables AI agents to autonomously carry out transactions. The minting of PING is similar to the rune minting from 2 years ago. The one-time minting cost is approximately 1 US dollar, and if successful, one can receive 5000 PING. For more details, see "Like a Rune but 30 Times Bigger: What Is the x402 Protocol?"

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