The Solana memecoin space is manipulated by insiders using bots, rug pulls, and unfair token launch practices.Closed trading groups dominate memecoin launches, leaving retail investors with little chance to win.Solana, once praised as the future of a more open financial system, has turned into a fertile ground for cunning memecoin actors.These actors use the speed and low fees of Solana transactions as weapons to scam investors with rug pulls and sniping techniques.