Musk Responds to Base Ecology Meme Coin Russell's Tweet, Which Surged 3x Briefly Before Falling Back

BlockBeats News, December 19th, Musk responded with a "fire" emoji to Base ecosystem meme coin Russell's movement on X platform today, causing a brief 3x price surge followed by a retracement.

According to GMGN data, Russell's market cap is currently $9.4 million, with a 24-hour trading volume of $5.5 million.

BlockBeats reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype surrounding concepts, lacking actual value or use case. Investors should be aware of the risks involved.