Most popular Meme market capitalizations on the Monad on-chain have experienced a 50% Slump, while "moncock" has risen 350%.

BlockBeats news, on December 1st, according to GMGN monitoring, the heat of Monad has declined, and most popular Meme coins have experienced multiple 50% Slumps in market capitalization. The first on-chain Meme “CHOG” that broke 10 million in market capitalization now has a market cap of less than 3 million dollars. Except for the top two in the market cap ranking, all others are below 300,000 dollars in market cap. Additionally, according to monitoring, “moncock” has risen against the trend today, with a 24-hour rise of 350%, and a market cap reported at 1.2 million dollars, currently priced at about 0.0012 dollars, making it the second Meme by market cap on the Monad chain. BlockBeats reminds users that trading in Meme coins is highly volatile, largely relying on market sentiment and speculative concepts, and has no actual value or use cases, so investors should be aware of the risks.