TREE NEWS reports: Solana-based meme coin SI briefly pushed its market capitalization above $50 million, reaching $47.02 million at the time of writing, a 28.61% gain in one hour, GMGN data show. The move followed a post on X by Elon Musk saying: “No more AI, SI, It’s better.”
Solana Meme Coin SI Tops $50M Market Cap After Musk’s ‘No More AI’ Post
This is a textbook attention-driven move: a token with no evident fundamentals repricing purely on an unrelated Musk post, with the headline market cap already sitting below the level it briefly touched. That gap between the peak print and the current reading is the story — it shows how quickly reflexive liquidity can arrive and how thinly it can be sustained. The affected cohort is momentum traders and anyone treating market cap as a signal of substance. The open question is whether such tokens keep attracting flows purely on influencer phrasing, or whether this pattern is nearing exhaustion.
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