Solana-based meme coin HNUT suspected of rug pull, price plummets by 99% and nearly goes to zero
BlockBeats News, December 30, according to GMGN monitoring, the third most traded meme coin on Solana, HNUT, is suspected to have been RUG PULLED. In the past 2 hours, its price plunged from a high of $0.07, dropping by more than 99% in a short period, and is now less than $0.0003.
Earlier today, it was reported that the meme coin HNUT on Solana experienced extreme price volatility, surging over 700% within 24 hours, with its market cap peaking at $70.94 million, briefly ranking third in 24-hour trading volume. However, this token triggered alerts from on-chain monitoring platforms including Crypto Scope, warning that its liquidity activity and on-chain data patterns were abnormal and that there was a risk of a RUG. Investors were advised to remain vigilant.
BlockBeats reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype, with no real value or use case. Investors should be aware of the risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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