Solana-based Meme coin "114514" reaches a market cap of $20 million, hitting a new all-time high

On January 6th, according to GMGN market data, the on-chain Meme Coin “114514” on the Solana network reached a market cap of $20 million this morning, currently at $16.86 million, setting a new all-time high with a 24-hour increase of 597%. In Japanese, the numbers 1-1-4-5-1-4 can be read as “Ii yo, koi yo,” which means a welcoming yet slightly chaotic expression: “Alright, come on!” This phrase originates from a legendary internet figure—Beast Senpai—and has since evolved into the “ultimate reaction” to any situation. BlockBeats reminds users that Meme Coins generally lack practical use cases, experience high price volatility, and investing should be cautious.