Fortnite introduced a fake in-game currency called Dill Bits to poke fun at the cryptocurrency industry. However, crypto enthusiasts took it seriously and launched a meme coin named '$DB' on Solana. The coin gained attention and reached a market cap of $4.78 million but quickly crashed to $366k. Pump.fun, a platform that allows users to create meme coins, was used to launch $DB. Despite the initial success, the market for meme coins has been dry since the $LIBRA scandal. Solana, the network on which $DB was launched, has seen a significant decline in price and trading activity. Despite this, major fund issuers have filed applications for Solana ETFs, with a 70% chance of approval according to analysts.



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