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Franklin, a meme coin, has seen a transaction count of over 9300 transactions in the past hour, bringing its market cap back up to $13 million.
BlockBeats News, December 8th, according to GMGN market information, the meme ef="/wiki/article/token-259">token Franklin has recorded a trading volume of 9310 transactions in the past hour, making it the most active meme coin in terms of trading volume across the network. Additionally, its market capitalization has risen to above $13 million, currently standing at $13.17 million, with a 24-hour trading volume of $19.8 million.
The Franklin token features the iconic turtle protagonist from the classic children's animation "Franklin and Friends." A political satire meme rapidly gained popularity on X, posted by former Trump administration war minister Pete Hegseth. He parodied the classic children's book "Little Turtle Franklin" as "Franklin Strikes Drug Cartels," depicting the turtle fully armed, firing at a drug cartel ship from a helicopter, and captioned it as the "Best Christmas Gift." As a military veteran and staunch hawk, Hegseth implied a stance of using force against drug cartels, aligning with his long-standing narrative on border security. The post immediately went viral on social media, while critics in the comment section vehemently criticized it as "offensive" and promoting a "warlike" attitude, reflecting the enduring partisan divide in the United States on foreign policy and border issues.
BlockBeats reminds users that meme coins often lack practical use cases, experience significant price volatility, and investing in them requires caution.
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