Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'
Hex37's read
- Solana meme coin CatFi surged 6,000% after creators were arrested.
- Creators arrested for alleged 'rug pull' scheme.
- South Korea uses new Virtual Asset User Protection Act.
What it means for traders
- High volatility in meme coins, especially around news of creator actions.
- Regulatory actions can significantly impact token prices, even with short-term pumps.
Affected markets
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