BlockBeats News, December 30th, according to GMGN monitoring, the Meme coin HNUT on the Solana chain experienced significant price fluctuations today, with a 703% increase within 24 hours, currently reported at $0.055, and its market capitalization surged to approximately $55.03 million. It is currently ranked 11th by market cap and third on the 24-hour trading volume list. The token’s trading volume in the past 24 hours is about $5.5 million, and the number of holding addresses has exceeded 10,000. HNUT originated from humorous images and texts about “Holly The Squirrel” on social media. However, multiple on-chain monitoring platforms, including Crypto Scope, have pointed out that its liquidity activity and on-chain data patterns are abnormal, indicating a RUG risk, and investors are advised to remain cautious. BlockBeats reminds users that Meme coin trading is highly volatile, largely dependent on market sentiment and hype, and lacks intrinsic value or utility. Investors should be aware of the risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Wormhole Responds to Drift Protocol Attack: Users’ Assets Are Not at Risk, Some Solana Cross-Chain Transfers May Be Delayed
Gate News message, on April 2, Wormhole posted on the X platform in response to the Drift Protocol attack incident. Wormhole said that user assets are not currently at risk, and the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue to provide support as needed.
GateNews3h ago
Solana Foundation CPO: The Drift security incident is a case-by-case matter and does not indicate that there is a systemic problem in Solana DeFi
Solana Foundation Chief Product Officer Vibhu Norby responded to the Drift Protocol security incident, confirming that an attack occurred. The cause of the attack is still under investigation. The incident is related to operational security or social engineering, highlights the potential risks of multisig mechanisms, and says that this incident does not represent a systemic issue with Solana DeFi.
GateNews3h ago
Solana Yields Keep Falling — Why Investors Are Turning to This New BTC Reward Model
There is a particular frustration building among SOL holders in early 2026 that has nothing to do with price. Native staking yields, once a reliable source of passive income for long-term Solana believers, are compressing on a schedule that was written into the protocol from day one. Solana’s
CryptoPotato3h ago
Solana integrates SUI tokens, opening a brand-new trading pair to boost DeFi liquidity
Solana has officially integrated SUI tokens, launched new trading pairs, simplified cross-chain operations, and improved liquidity and trading efficiency, bringing new opportunities to the DeFi ecosystem. This integration helps execute large orders, attracts more users and developers, and drives growth in the crypto market.
GateNews4h ago
Within 90 minutes of the Drift security incident, USDT0 paused the Solana cross-chain communications network
All-chain stablecoin protocol USDT0 responded rapidly after the Solana Drift security incident, pausing its cross-chain communication network within 90 minutes. Tether’s CEO praised its team’s handling, while Z achXBT criticized Circle for not freezing USDC transfers.
GateNews6h ago
