The official TRUMP token on Solana is up nearly 9% on the day, hitting its highest price in more than 24 hours.

What are TRUMP and MELANIA meme coins? What are the risks and why a certain section of the community has criticized these meme coins? Let’s find out.

Solana price targets have soared, with some analysts calling for a spike to $50 or even $80 if market conditions hold. Meanwhile, a Trump meme coin has burst onto the scene, logging an impressive $50 million in trading volume within 48 hours.