A savvy trader managed to turn $2,275 worth of Solana (SOL) tokens into a profit of $2.26 million in just eight hours by investing in the newly-launched memecoin 1DOL. Despite the significant gains, concerns were raised about insider trading and money laundering allegations as well as the trading pool's low liquidity. Memecoin frenzy signals a disillusionment among the younger generation with the traditional fiscal system.
Keyword: Solana, memecoin, 1DOL, BOME, insider trading, money laundering, youth disillusionment, trading pool liquidity, memecoin frenzy
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Last edited on: May 20, 2024 at 06:32 pm