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Solana-based Meme Coin HNUT Allegedly Rug Pulled, Price Dives 99% Approaching Zero
BlockBeats News, December 30th, according to GMGN monitoring, HNUT, the third-largest Meme coin on the Solana chain by on-chain trading volume, has reportedly experienced a RUG PULL. In the past 2 hours, it plummeted from a high of $0.07, with a short-term price drop of over 99%, now trading at less than $0.0003.
Earlier today, news broke that HNUT, a Solana-based Meme coin, experienced a sharp price swing, with a price surge of over 700% in 24 hours, propelling its market capitalization to a peak of $70.94 million, briefly ranking third on the 24-hour trading volume leaderboard. However, various on-chain monitoring platforms, including Crypto Scope, raised alerts indicating abnormal liquidity activity and on-chain data patterns, suggesting a RUG risk and advising investors to exercise caution.
BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and speculative hype, without real value or utility. Investors should be aware of the risks involved.
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