<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDMvNDcwOTZhYWUtZmI5OC00NzY0LWEzNzgtZjAwZGY1ODA5YWM4LmpwZw==.jpg"></p><p>The memecoin has surpassed a market cap of $500 million despite an embarrassing launch. </p>