ChainCatcher news, according to market data from RootData, the Shoggoth token (SHOGGOTH) has increased by 28.04% in the last 24 hours, currently priced at $0.049.According to the Web3 asset data platform RootData, Shoggoth is a Cthulhu-style octopus meme coin on Solana. The prototype is a fictional creature from the Cthulhu mythos. This image is now interpreted by the community as a metaphor for the potential risks of artificial intelligence.

ChainCatcher news, according to Twitter user @sankin_eth, since the launch of 29 tokens on Binance Alpha, seventeen tokens have increased in value, while twelve tokens have decreased. Small-cap tokens generally have higher gains. The token with the largest increase is Shoggoth, which surged by 134.66%; followed by FROG and BOB, which rose by 123.19% and 122.08%, respectively. GNON and TERMINUS also doubled, with increases exceeding 104%.On the other hand, some tokens have experienced significant declines. APX has the largest drop at 28.12%; GRIFFAIN and SD fell by 25.41% and 21.39%, respectively.