Solana Meme Coin "114514" Experiences Flash Crash, Plunges 67% in 4 Hours

Another shocking dive has occurred on the Solana blockchain. According to on-chain data, the Meme coin project "114514" dropped 67% within just 4 hours, with a market cap falling to $13.92 million. Ironically, the 24-hour trading volume remains high at $45.5 million. This phenomenon of "huge trading volume but a sharp decline in market cap" is a typical reflection of the Solana Meme coin ecosystem.

**Why Are Stonks Meme Always So Crazy?**

The Meme coin market on the Solana chain has long been known for its high volatility. These assets lack fundamental support and are purely driven by market sentiment and community enthusiasm. When buying pressure dries up or large holders exit, prices often plummet instantly. The experience of 114514 is not an isolated case — it is a true portrayal of Meme coin investing.

**The Strange Contrast Between Trading Volume and Market Cap**

It is worth noting that although 114514's market cap has plummeted to $13.92 million, the 24-hour trading volume remains at $45.5 million. This indicates that market participation has not significantly decreased; instead, prices are rapidly falling under high trading volume — which usually suggests substantial selling pressure and a FOMO (fear of missing out) effect.

**Investing in Meme Coins Requires Sharp Eyes**

It is especially important to be cautious, as most Meme coin projects on the Solana chain lack real utility, and their price volatility is beyond imagination. For ordinary investors, participating in such assets involves bearing extremely high risks. Non-professional investors should avoid blindly chasing highs or bottom-fishing.