Solana Meme Coin Launched at Trump Dinner Crashes
- An attendee at a Trump crypto dinner launched the Solana meme coin “DINNER” during the event.
- The coin reached a peak market cap of $450,000 before crashing by 89% within minutes.
- The deployer controlled nearly 10% of the total supply, raising concerns among traders.
- 44% of tokens were bundled across multiple wallets, suggesting manipulation.
- The token’s value fell to a market cap of $14,350, down 92.5% from its peak.
The Solana meme coin “DINNER,” launched during a Trump crypto dinner, peaked at a $450,000 market cap but quickly crashed due to concerns over the deployer’s control and token bundling. The coin’s value plummeted to $14,350.
Source (2.6)https://decrypt.co/321839/solana-meme-coin-trump-crypto-dinner-flopped?rand=52368