The Solana meme coin related to Fortnite saw a dramatic increase in value to $5.38 million after comments from Tim Sweeney. Despite this surge, doubts regarding its legitimacy prevailed as Epic Games clarified no official connection existed.
Following Sweeney’s remarks, the coin’s value peaked significantly but later plummeted, reflecting the volatile nature of meme coins. Critics argued the price surge was not sustainable, leading to its eventual devaluation.
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