In a surprising turn of events, a Solana-based token named Melania, after former First Lady Melania Trump, has surged over 12,000% in just 24 hours. This remarkable growth comes as a stark contrast to the decline of Donald Trump's official meme coin, which experienced a notable fall. The exact reasons behind the rapid success of Melania's token remain unclear but have captured the attention of the crypto community.
Both coins are based on the Solana platform, known for its high-speed transactions and low fees, making it a popular choice for emerging meme coins and tokens.