Solana-based meme coin baton hits record market cap of $18 million

According to GMGN data, the Solana-based meme coin baton briefly reached a record market cap of $18 million, marking an 86.8% increase over 24 hours before settling at $12.3 million. The token is a community-driven project inspired by the history of Baton Corporation and Baton Finance, paired with the PUMP token from the Pump.fun platform. It has no official affiliation with Pump.fun, and investors are advised to exercise caution due to high volatility.