Community Articles
via Decrypt · By Decrypt Editorial
Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'
SOL
SOL/USDT
$74.62
+1.84%
$74.62
+1.84%
(24s)24h Volume
$1,934,098,169.53
24h H/L
$74.90 / $72.32
Change: $2.58 (3.57%)
Long/Short
73.1%
Long: 73.1%Short: 26.9%
Funding Rate
+0.0060%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:09 PM UTC)
1 min read
In brief
- South Korean prosecutors charged five over a "rug pull" on Solana meme coin launchpad Pump.fun, in the first use of the country's new Virtual Asset User Protection Act.
- The creators of meme token CatFi are accused of causing $600,000 in damages to 256 investors.
- Following the news, traders pumped the dormant CatFi token almost 6,000% in an attempt to "unrug" it, though it remains 96%…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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