The Chinese meme token 'Hakimi' has experienced a remarkable surge, with its market capitalization surpassing $87 million. As of October 11, the token's market cap stands at $78 million, following a 160% increase in the past 24 hours. Trading volume for 'Hakimi' reached $63 million during the same period. Despite the impressive growth, Blockbeats warns that meme tokens like 'Hakimi' often lack substantial use cases and can be highly volatile. Investors are advised to exercise caution when engaging with such assets.