The Skibidi Toilet (SKBDI) meme coin, inspired by those weird singing bathroom fixtures, just hit an all-time high.

And with Crypto All-Stars (STARS) hitting $2.1 million in presale, many are wondering if this new staking project could follow suit.

Skibidi Toilet Meme Coin – Where Internet Humor Meets Real Gains

What is it about Skibidi Toilet that’s got everyone talking?

Picture this: an army of singing toilets battling camera-headed foes.

That’s the meme behind the madness.

And SKBDI, a meme coin on Solana, is paying homage to it in a big way.

SKBDI’s price just hit $0.649 this morning, which marks a new all-time high for the coin.

It’s cooled off a bit since, trading around $0.515, but that hasn’t stopped it from climbing to 16th place on CoinMarketCap’s trending list.

Trading volumes have also surged 113% since yesterday – and SKBDI’s market cap is now above $36 million.

Unsurprisingly, this coin has zero real-world utility.

It’s simply a joke token.

But in the meme coin space, sometimes that’s all it takes to go viral on social media and produce enormous returns for investors.

As such, SKBDI is yet another example of just what’s possible in this space.

Smaller Cryptos Outperform Despite Broader Crypto Market Slump

While SKBDI’s been rallying, the rest of the market isn’t exactly thriving.

Bitcoin is hovering around $61,200, and Ethereum is stuck at $2,400.

Most coins are just trading sideways after the dip earlier in the week.

And that means the global crypto market cap, which totals the values of all cryptocurrencies, is stagnant at $2.13 trillion.

UNI is the only major token to post any real gains in the last day.

The mood is grim overall – evidenced by the Crypto Fear &