Speculative trading on Solana intensified this week as two newly issued meme tokens, $GORK and $BOOP, posted outsized gains and stirred debate over market integrity and incentive design. The GORK token, issued on 30 April, climbed from roughly US$300,000 in fully diluted value to about US$60 million within 24 hours, a move that traders said was fuelled by more than US$140 million in volume and pockets of whale buying. One wallet that invested US$44,700 reported unrealised profits of about US$612,000. The rally accelerated late on 2 May when social-media monitoring services showed Elon Musk following the project’s account, prompting the market-cap to jump from US$18 million to US$60 million in minutes. Analysts at ImperooterXBT, however, warned that wash-trading bots and thin liquidity could make the price volatile, noting that four early ‘whales’ had already sold most of their holdings. Separately, NFT collector Dingaling launched Boopdotfun, a Solana-based ‘memepad’ that lets influencers issue tokens in exchange for large airdrops of the platform’s governance coin, $BOOP. The token opened at roughly US$425 million in fully diluted valuation with only about US$2.4 million of liquidity, and was still trading near a US$350 million market-cap on 2 May. Under Boopdotfun’s terms, creators can unlock six-figure airdrops—typically US$200,000 to US$350,000—after a 30-day lock-up if the tokens they launch reach preset market-cap thresholds. Stakers receive 5 percent of every ‘graduated’ token and 60 percent of platform fees, while one million BOOP (about US$190,000 at current prices) is distributed daily. Early adopters have responded by releasing dozens of new coins. BOOPA, the first dog-themed spin-off, surged 10,000 percent to a US$6 million market-cap, and more than 20 tokens on the platform have already crossed US$100,000. Critics say the model could encourage short-term pump-and-dump activity, pointing to the limited liquidity and the fact that creators can cash out before retail buyers have a chance to exit. Boopdotfun closed an angel round backed by Solana co-founder Raj Gokal and investors including Mert Mumtaz and Weremeow; financial terms were not disclosed. While supporters tout the platform as an alternative to Pump Fun, sceptics argue that both GORK’s meteoric rise and Boopdotfun’s reward mechanics highlight how quickly risk can build in the unregulated meme-token corner of the crypto market.