Solana memecoin rallies on tortoise death hoax

A Solana-based memecoin, created in honor of Jonathan the tortoise, experienced a significant price surge following a widely circulated April Fools' Day prank claiming the 193-year-old animal had died. The JONATHAN token saw a dramatic increase, reportedly jumping nearly 1,400% in a single hour after a fake veterinarian account spread the news on X. While the token's value has since receded, the incident highlights the speculative nature of memecoins and their susceptibility to viral misinformation, even when tied to seemingly unrelated, albeit popular, figures.