$mihao memecoin rips on Solana
A cat-themed Solana memecoin promoted by a prominent trader ran from the low millions to over $14M market cap within hours, reviving talk of a return to real memes.
What we know
A prominent trader posted "ni hao" followed by the contract. One post claims a 9x move from 1.5M to 14M in under 2 hours (unconfirmed), and another cites a trader with over $1M profit on $605. Commentators say it shows coins can run when not dominated by concentrated supply.
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.
“ni hao”
View post →“Almost like coins can run when they aren't an easily solvable asset”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.