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via Decrypt · By Decrypt Editorial
Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'
SOL
SOL/USDT
$70.28
-5.37%
$70.28
-5.37%
(24s)24h Volume
$2,946,734,215.86
24h H/L
$75.00 / $69.68
Change: $5.32 (7.63%)
Long/Short
76.4%
Long: 76.4%Short: 23.6%
Funding Rate
-0.0088%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:09 PM UTC)
1 min read
561 views
0 commentsIn 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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