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BlueBalls: A One-Hour Pump-and-Dump Tragedy

In the sweltering ecosystem of Solana, we observe a remarkable specimen—the BlueBalls token, born merely an hour ago, already gasping its final breaths. Like a mayfly at a funeral, it experienced violent price swings before the top 10 holders inevitably discovered that owning 91.7% of a token with zero liquidity is rather like owning 91.7% of a mirage. The irony, of course, is that the only thing the mint and freeze authorities successfully revoked was the hopes of retail investors.