Elon Musk's casual follow causes Solana Meme Coin to surge 3600% in three hours

Can a single attention action trigger a huge market movement? On the morning of January 13th, the Meme coin PsyopAnime on the Solana chain provided an answer. Influenced by Elon Musk’s attention to its official account on X platform, this coin surged over 3,600% within three hours, with its market cap once surpassing $26 million. As of the time of writing, the market cap stands at $20.51 million, and the coin price is $0.02. This is not only a typical emotion-driven surge but also further validates Elon Musk’s influence in the crypto market.

How a single attention can trigger a 3600% surge

According to GMGN’s monitoring data, PsyopAnime’s rapid rise directly resulted from a simple action by Musk: following the project’s X platform account. This account itself is quite distinctive; it is a creative collective focused on AI-generated anime short videos, using satirical techniques to interpret global news and hot topics through vivid styles. This content format has certain topicality and dissemination power on the internet.

From the timeline of related news, this market movement did not appear out of nowhere. A few days prior, PsyopAnime had been gradually gaining popularity amid the Solana Meme craze. Relevant information shows that the coin had already been featured on trending lists multiple times on January 12th, with its price increasing continuously (from 35x to 50x to over 70x). Musk’s attention was like giving a strong boost to an already upward-trending project.

Why is such a surge common among Meme coins

The nature of Meme coins makes them extremely sensitive to external signals. These tokens usually lack practical utility or use cases, and their prices are entirely driven by market sentiment and hype. When a highly influential figure (like Musk) shows interest, it can trigger a concentrated FOMO explosion.

More importantly, the Meme coin ecosystem on Solana is currently unusually active. According to relevant information, multiple Meme coins within the Solana ecosystem are trending simultaneously, with PsyopAnime being the most eye-catching. This ecosystem-level heat provides ample market liquidity and participation base for individual coins to surge.

Market background and risk warning

It’s worth noting that this surge occurred in an interesting market environment. According to relevant reports, the overall market structure is characterized by BTC consolidation and altcoins declining, while US stocks continue to strengthen. Against this backdrop, Solana Meme coins are defying the trend and gaining strength, reflecting a clear risk appetite divergence in the market.

More critically, PsyopAnime’s rapid rise fully demonstrates the intrinsic characteristics of Meme coins: high volatility, complete dependence on market sentiment, and lack of fundamental support. Multiple data points in related reports point to the same conclusion: this is purely an emotional game. Some traders have gained 159% returns in a day through PsyopAnime, while others have made thousands of dollars from small investments of 1 SOL. However, behind such high returns lies proportionally high risk.

Summary

The fact that Elon Musk’s single attention can trigger a 3600% surge fundamentally reflects two characteristics of the Meme coin market: first, an extreme dependence on external signals and celebrity effects; second, that the current Solana ecosystem’s Meme coin hype has already reached a significant level. While PsyopAnime as a content creative project does have some unique features, its price surge is barely related to the project’s intrinsic value. For ordinary investors, the lesson from such events is not about chasing quick gains, but about understanding the inherent risks of Meme coins.