Solana ecosystem meme coin three surged 104% in the afternoon, with a market value briefly exceeding 16 million USD

According to GMGN monitoring, the Solana ecosystem meme coin three surged by 104% in the past two hours, reaching a market cap high of $16 million, and has now fallen back to $13 million, with a 24-hour increase narrowing to 220%, and a trading volume of $8.4 million during the same period.

It is reported that three is the native token of the Solana ecosystem AI project three.ws, launched by Pump fun. This project is a browser-native on-chain 3D AI agent platform that can generate 3D AI entities with one click and embed them into any website. The token began to surge on June 1 after an official account of IBM replied to related tweets on the X platform; yesterday, as three.ws officially announced a strategic partnership with IBM, the news further fermented today, combined with the favorable listing of the token on a trading platform, collectively driving the market cap higher.

Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases, and investors should be aware of the risks.