DeFi Development (DFDV), a Solana treasury company, has launched DONT (DisclaimerCoin, Do Not Buy), marking the first Meme coin created by a publicly traded company. DONT, which lacks sponsorship, endorsements, or utility, is an experimental project by DFDV, which retains 30% of the token supply. Within three hours of its launch, DONT's market cap surged to $28 million, though it has since settled at $18 million, with a trading volume of $23 million. Despite its rapid rise, ChainCatcher advises caution due to the inherent volatility and lack of real-world use cases typical of Meme coins.