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Solana has become a breeding ground for pump and dump memecoin ‘cabals’: Bloomberg

Summary by Crypto Digital Currency News ©
The memecoin craze that started off two years ago on the Solana blockchain appeared to be organic. However, since then, the blockchain has drawn high-profile individuals, including U.S. President Donald Trump and his wife, Melania Trump, as well as Argentina President Javier Milei. These high-profile individuals have fuelled rapid growth of memecoins on Solana. This…
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CryptoSlate broke the news in on Sunday, March 23, 2025.
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