The Solana-based meme coin Buttcoin experienced a significant surge, with its market capitalization briefly reaching $29.9 million. Currently valued at approximately $27 million, Buttcoin's price stands at around $0.027 per token. This marks a 140% increase in the last 24 hours, despite being listed for only 23 days. Investors are reminded of the inherent volatility and speculative nature of meme coins, which often lack intrinsic value or practical use cases.