[Blockchain News] According to BlockBeats, on October 12, the Meme coin SPX on the Ethereum chain briefly broke through $0.9 and then fell back. It is currently quoted at $0.7977, with an increase of more than 52% in 24 hours. The market value of SPX has exceeded $740 million, and the 24-hour trading volume has reached $29 million.

Although Meme coins lack practical use cases and have large price fluctuations, their recent performance shows the market's strong interest in this type of asset. Investors need to remain cautious, but the market outlook remains optimistic.