Pi Coin crashes 65% post-mainnet launch, sparking concerns over liquidity, KYC restrictions, and alleged team selloffs.

Solana’s recent price plunge has unsettled the crypto market, sparking anxiety among investors. Amid this turbulence, a new meme coin is gaining attention as a potential opportunity for a rebound.

Rug pulls and insider schemes involving Solana-based memecoins are driving investor outflows and a decline in capital inflows, as confidence in the sector deteriorates. The rate of monthly capital ...