According to GMGN market data, the market capitalization of the Solana ecosystem meme coin fone briefly surpassed 4 million USD, currently reported at about 3.9 million USD, with an intraday increase of over 97 times.

In terms of narrative, fone revolves around the concept of “apeonfone,” summarizing the trend of meme coin trading becoming increasingly mobile and social as “an ape on a phone.” The project community compares it to the previous cycle’s dogwifhat narrative of “a dog with a hat,” emphasizing that users browse social media on their phones, receive signals, and directly buy meme coins.

According to market news, meme coin prices are highly volatile, and tokens driven by such community narratives lack stable fundamental support; please be aware of trading risks.