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On Ethereum, the meme coin Sato has plummeted over 60% from its peak, and its market capitalization now stands at $14.8 million.

2026.05.07 19:47:34

On May 7, per GMGN data (link: https://t.me/gmgnaibot?start=i_m4TE56o8), Ethereum-based meme coin Sato saw its market cap plummet over 60% today after hitting a peak of $38.5 million. The coin’s current market cap stands at $14.8 million, with a 24-hour trading volume of $13.1 million. BlockBeats Note: Meme coins are extremely volatile, heavily tied to market sentiment and hype, and lack inherent value or real-world use cases. Investors should exercise caution when engaging with these assets, as significant risks are involved.
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The final reading of the US core PCE price index annualized quarterly rate for the second quarter is 3.3%, against market expectations of 3.6%.

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