Solana’s BEER Coin Plummets 80% Amid Allegations of Insider Manipulation
Solana ecosystem’s latest memecoin, BEER, faced a dramatic 80% drop in value within just a few days. Marketed as “liquid gold,” BEER recently became available for trading on decentralized exchanges like Raydium. One notable detail is the sudden collapse of BEER, which was driven by insiders who controlled more than half of the total supply. […]