x402 Protocol token PING surges 802% in 24 hours, market cap breaks through $32 million

ChainThink news, October 24, according to GMGN data, the market capitalization of x402 protocol token PING has broken through 32 million USD, currently reported at 29 million USD, with a 24-hour price increase of 802%, and a 24-hour trading volume of 13 million USD.

x402 is an open payment protocol developed by Coinbase, which allows AI agents to autonomously complete transactions. The minting of PING is similar to inscriptions two years ago. The cost per mint is approximately 1 USD, and if successful, 5000 PING can be obtained.

ChainThink reminds users that Meme coins often lack practical use cases, and their prices are highly volatile, so investment should be approached with caution.