MOMOTA, a meme coin on the Solana blockchain, jumped more than 170% during the day, with its market capitalization briefly exceeding $5 million before pulling back to about $4.5 million, GMGN data showed. The move highlights the fast, momentum-driven trading often seen in meme coins, which frequently lack practical use cases and can reverse just as quickly. Odaily cautioned users to protect their assets and avoid FOMO (fear of missing out) amid the token's sharp price swings.