BlockBeats News, January 22nd, according to GMGN Monitoring, BAGS ecosystem's popular token RALPH has been on the rise since 6:00 PM yesterday, with its market cap continuously increasing from about $9 million to a peak of $59 million this morning, hitting a new all-time high, and then dropping back to around $41 million. The token is currently priced at around $0.041, with a current market cap of approximately $41 million, a 24-hour increase of 140%, and a surge of about 350% from yesterday's low point.BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and hype around concepts, lacking actual value or use case. Investors should be aware of the risks.