In one night, it surged by 160%. This turtle has a market value of 21 million! Is it a real opportunity or just a pump-and-dump?
Brothers, it's the SOL chain again, and it's a Meme coin, code-named Franklin, a turtle from an animated series. From last night to this morning, the price took off directly, achieving a 160% increase within 24 hours, now quoted at 0.0198, with a market value reaching 21 million USD. This market trend makes people's palms itch.
The origin of this coin is quite magical; it’s not a serious project at all. It exploded in popularity because of a meme — a political satire meme shared by former Trump administration official Peter Hegseth, featuring this turtle, which instantly blew up on X. In simple terms, this is a product driven by social sentiment and cultural memes, with the community creating the hype, having nothing to do with technology or roadmaps. Some have even linked it to recent actions by the U.S. military, riding the wave of military sentiment, causing the hype to soar quickly.
My viewpoint is clear: this is definitely a high-risk gamble, but there is indeed some meat to be had. Coins that rely purely on narrative and sentiment have astonishing explosive power; there have been records of more than 2500% surges within 24 hours before.
Currently, the market value is only over 20 million, and the market cap is still small, meaning that a small amount of funds can continue to drive huge increases, which is the core attraction for retail investors.
But the other side is much crueler: it can cool down just as quickly. Once community sentiment wanes, or early large holders start dumping their holdings for cash, a sudden halving or even a knee-jerk reaction becomes commonplace.
Some older brothers complain that a 40% drop is just an appetizer; the real test of faith comes during the green market.
Here are a few suggestions for retail investors looking to jump in:
Recognize the essence: this is like buying a “hot meme lottery ticket,” don’t treat it as value investment. Your opponents are not the project team, but the emotions of other retail investors and the chips of early whales.
Gamble small for fun: absolutely do not go heavy! Only use spare money that you can afford to lose completely, even if it goes to zero, it won’t affect your life. Remember, the stories of surges are written by others, but the losses from drops are borne by yourself.
Be quick and decisive: set strict profit-taking and stop-loss lines.
What retail investors need to do is “patiently wait for opportunities, act decisively and accurately.” Follow the news, join the community to get daily shared real-time strategies + cutting loss guidelines!
