- A Twitch streamer claiming to have no hands launched a Solana meme coin, promising he couldn’t rug pull due to his lack of hands.
- However, the streamer revealed he did have hands and promptly pulled liquidity from the project, leaving investors empty-handed.
- A group of anonymous individuals have since taken over the project, hoping to turn it into a meme coin with staying power.
A Twitch streamer’s deceitful launch of a Solana meme coin sparks controversy and a community takeover, highlighting the unpredictable nature of the crypto market.
Streamer’s Deceptive Launch of Solana Meme Coin
Over the weekend, a Twitch streamer who claimed to have no hands launched a Solana meme coin, promising viewers he couldn’t rug pull due to his physical condition. However, just minutes into the stream, the streamer revealed he did have hands and promptly pulled liquidity from the project, leaving investors empty-handed.
Community Takeover of the Meme Coin
In the wake of this deceitful launch, a group of anonymous individuals have taken over the project. Believing the coin has gained enough notoriety as a meme, they hope to turn it into a meme coin with real staying power. They have since expanded the coin’s social media presence and are taking steps to prevent future rug pulls.
Implications for the Crypto Market
This incident serves as a stark reminder of the unpredictable and often risky nature of the crypto market. It underscores the need for investors to conduct thorough research and exercise caution when investing in new projects, particularly those launched on live streams or other unregulated platforms.
Conclusion
While the deceitful launch of this Solana meme coin has undoubtedly left a sour taste in the mouths of many investors, the community takeover offers a glimmer of hope. It remains to be seen whether this meme coin can overcome its controversial beginnings and achieve staying power in the volatile crypto market.
