Mihao memecoin rally draws CT backing and criticism
A Solana memecoin pushed by prominent traders surged from about $1.5M to $24M market cap amid debate over organic communities versus coordinated promotion.
What we know
A trader who called the coin at $1.5M saw it reach about $24M. Supporters call it a real community coin, while others allege coordinated promotion and paid KOL activity (unverified).
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@blknoiz06
“called out at $1.5m mcap [now at ~$24M mcap]”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.