Solana Ceo Explains Fair Meme Coin Launch Amidst Rising Scams

Last updated: June 9, 2025, 14:57

Solana Ceo Explains Fair Meme Coin Launch Amidst Rising Scams

Anatoly Yakovenko

Anatoly Yakovenko, co-founder of Solana, recently took to Twitter to express his concerns about meme coins, likening them to zero loss lotteries. Toly emphasized the

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The high

The high-profile cryptocurrency developer suggested that digital asset marketplaces could help mitigate the proliferation of fraudulent meme coins by coordinating

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Solana’s price dropped 47% in February, with meme coin scandals damaging its reputation despite record-breaking revenue growth. Pump.fun fueled a massive meme coin

Anyone can create an online

Solana Co-founder Advocates for Fair Meme Coin Launches

Scams and Copycats: As soon as a high-profile meme coin launched, dozens of fakes surfaced. Collectively, these imitations siphoned millions from unsuspecting

Anyone can create an online persona and disappear after conducting a successful memecoin scam. The same person can return the next day under a different

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