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Memecoin Flatlines After Sixty Minutes of Glory

In the sweltering ecosystem of Solana, a new specimen emerged—vibrant, full of promise, equipped with all the proper safety features. Yet within a single hour, it experienced what can only be described as a catastrophic liquidation event, its price plummeting 26.5% as if fleeing an invisible predator. The irony, of course, is that the predators were its own creators, who collectively owned 99.3% of its supply.