Meme Coin microduck Market Cap Briefly Exceeds $28M

The brief $28M market cap spike for microduck underscores how speculative capital continues to chase meme tokens even amid volatility. This matters less for the token itself and more as a signal of persistent risk appetite in crypto’s fringe sectors. The key question is whether such surges reflect genuine liquidity or short-lived momentum that can reverse as quickly as it appeared. Watching the sustainability of these valuation spikes, rather than their peaks, will indicate whether speculative interest is deepening or merely episodic.