💰 Solana Faces Congestion After Trump Memecoins Launch
The launch of TRUMP and MELANIA memecoins on Solana caused network delays and transaction errors due to high trading volumes. Concerns grew as analytics revealed nearly 90% of MELANIA tokens are held in one wallet, despite claims of fair distribution. TRUMP’s market cap also dropped $5 billion shortly after MELANIA’s release, raising further skepticism.