Meme coins on the Solana blockchain experienced notable gains, with Token "1" leading the charge by rising 68% to $0.0154, reaching a market cap of approximately $15.4 million. Other tokens also saw significant increases, including SPSC with a 29.3% rise, WOJAK up 28%, and FKH gaining 12.6% over the past 24 hours. These developments were highlighted by Chainthink, which emphasized the volatile nature of meme tokens, often driven by hype rather than tangible use cases. The surge in these tokens underscores the speculative interest in meme coins within the crypto market.