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Trove Markets’ new token collapsed almost immediately after trading began, wiping out the vast majority of early gains and leaving many backers angry and confused. The drop was brutal. Traders who bought early watched their holdings shrink by about 95% in a matter of hours. Token Price Plunges After Launch Initial prices implied a market… Continue reading Trove’s New Token Craters 95%, Sparking Investor Revolt
Coinbase’s Layer-2 (L2) Network, Base, has faced intense backlash over rug-pull allegations after it promoted an unofficial memecoin that crashed by over 90%, sparking a debate about the future of memecoins and on-chain content. The Rise And Fall Of Base’s Unofficial Memecoin On Wednesday, Base’s official X account posted an image with the text “Base… Continue reading On-Chain Experiment Or Rug Pull? Base Faces Backlash After Unofficial Memecoin Crashes 90%
A young crypto trader attempted to rug-pull a Solana-based memecoin on a live stream, but the crypto community joined to “teach him a lesson” by sending the token to an $80 million market cap. Solana-Based Memecoin Rug Pulled By 12-Year-Old As the market enters the rally’s second leg, Solana memecoins remain the cycle’s top narrative,… Continue reading Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap
On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar efforts to publicize the memecoin. Crypto Hackers’ New Promotional Method Delhi Capitals, a team from the Indian… Continue reading Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam
The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After… Continue reading Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%