JINQIAN tops $70M market cap within an hour of launch

Memecoin JINQIAN reached a $70 million market capitalization within an hour of launch, according to Lookonchain. One investor posted a 10x return in a single trade, buying 6.28 million JINQIAN with 8 ETH and later selling the tokens for 82.54 ETH, locking in a profit of 74.54 ETH.