Meme coins in the Solana ecosystem have once again produced a dark horse. The WhiteWhale project’s market cap has directly surged to $141 million, setting a new all-time high and increasing by 20% in a short period. This wave of market activity has directly elevated the popularity of Meme coins on the SOL chain to a new height.

Basically, it’s a Meme coin lacking practical applications, relying on the ecological traffic and market sentiment of the SOL chain to jump from obscurity to a market cap in the billions. The underlying reason is quite simple— the core driver of Meme coins has never been technology or utility, but rather the emotions and capital of participants. The explosive growth of PEPE and SHIB back then followed the same pattern: hype + capital accumulation = market cap skyrocketing.

But anyone who has played with these kinds of tokens knows a truth: rapid gains are often followed by sharp declines. Currently, WhiteWhale’s entire hype is built on capital rotation. Once new funds stop entering, such projects often experience a sharp pullback. The market has also been warning that “price volatility is high”—the implication is clear: behind the dizzying gains, the risks are equally huge.

Some community members also pointed out that the SOL chain has become the main battleground for Meme coins, and buying these tokens is not much different from gambling. Although straightforward, this hits the core issue. For such highly speculative assets, ordinary participants really shouldn’t risk their main funds on luck.

The story of Meme coins in the crypto world is never short of, but what’s missing is the wisdom to walk away intact. Just enjoy the hype this time; the truly important thing is to protect your principal.