The Solana-based meme coin PsyopAnime experienced a dramatic surge of over 3,600% within three hours, following Elon Musk's decision to follow its official account on X (formerly Twitter). The coin's market capitalization briefly surpassed $26 million, settling at a current valuation of $20.51 million, with a price of $0.02. PsyopAnime is linked to a creative collective that produces AI-generated anime short films, offering satirical takes on global news and events. Despite its recent popularity, BlockBeats cautions that meme coins like PsyopAnime are highly volatile and driven by market sentiment, lacking intrinsic value or practical use cases, posing significant risks to investors.