GRIFFAIN founder’s meme coin BLINK surges above 200% in 24 hour trading

Blinkdot, one of the Solana meme coins launched by the founder of AI agents platform GRIFFAIN, surged 205% in 24 hours. BLINK’s market capitalization reached approximately $50 million.

Blinkdot token, or BLINK, rose as much as 205% in 24-hour trading, according to data from meme coin tracking platform GMGN.Ai. Solana (SOL)-based meme coin created by GRIFFAIN founder Elvin Ng is currently trading at $0.44.

BLINK’s market capitalization briefly flirted with the $50 million threshold, reaching $49.2 million. Meanwhile, its liquidity remained stable at $1.4 million.

GMGN.Ai price chart for Blinkdot token, December 13, 2024 | Source: GMGN.Ai

BLINK’s 24-hour trading volume and fully diluted volume is $42.7 million. GMGN.Ai has approximately 6,000 BLINK holders, according to market data, and 21.1% of the token supply is held by the top 10 holders in the community.

Launched in June 2024, the Blinkdot meme coin was created to provide a new, interactive way to communicate online using the coin’s unique “wink” feature. Since the token has a single eye with a green pupil, it is said to blink on X if the trader sets “Allow Solana actions on X” in the settings.

Blink is one of the meme coins built on GRIFFAIN, a platform that allows users to set up personal AI agents to manage digital aids. However, it is currently limited to investors with early access or investors who own Griffain’s Saga Genesis tokens. These tokens include Blink, Send and Griffain, which are already making a splash in the crypto market. The market cap of the Griffain token peaked at $320 million, while the market cap of Send once reached $25.6 million.

The platform makes content creation and app development easier by providing creators with tools that require no coding. Not only that, GRIFFAIN also serves as a platform that makes it easy for users to buy and sell Blink tokens.

AI agents at GRIFFAIN are tasked with managing assets in digital wallets. Users can also manage their own tokens and NFTs and check their wallet balances by communicating with AI representatives. AI agents on the platform can also create NFTs by generating images and storing them permanently on the chain.

Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.