SUI Chain Meme Token Loopy Surges Over 763% in 24 Hours

According to BlockBeats, on October 10, the SUI chain's meme token Loopy experienced a significant surge, increasing by over 763% within 24 hours. The market capitalization of Loopy has surpassed $17 million, with a 24-hour trading volume of $4.7 million and a liquidity pool of $725,000. Loopy is characterized by its cute pink fox animation, created by a South Korean designer. The design features large eyes, a rounded body, and simple lines, conveying emotions of friendliness and optimism. This appealing image has garnered popularity among young people and trend enthusiasts. BlockBeats advises users that meme tokens currently lack practical use cases and are subject to high price volatility. Investors are urged to exercise caution.