
Solana’s Memecoin Cabals Take Shine Off Hottest Crypto Frontier
Source: Live Mint (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. While the memecoin craze centered on the upstart network initially appeared organic during its onset two…