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Solana’s Memecoin Cabals Take Shine Off Hottest Crypto Frontier

Markets

Muyao Shen

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March 22, 2025

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Bloomberg

Rug pulls. Sniping. Trading “cabals.” The niche world of memecoins on the Solana blockchain is rife with danger for those unfamiliar with the machinations that cause token prices to suddenly surge and then crash.

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