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Dark Side of Solana Memecoins Few People Talk About

  • 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.

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