Solana News: WOLF Meme Coin’s Dramatic Crash Sparks Insider Trading Concerns

A new Solana-based meme coin called Wolf (WOLF) experienced a remarkable surge and subsequent crash, raising concerns about insider trading and the concentration of token supply.

WOLF Meme Coin Crashes 99% on Insider Trading Claims

Hayden Davis, creator of the controversial Libra (LIBRA) token, has introduced a new Solana-based meme coin called Wolf (WOLF). The token surged to a peak market cap of $42 million but crashed dramatically soon after. According to blockchain analytics platform Bubblemaps, 82% of the WOLF token supply was concentrated under a single entity, raising concerns of insider trading. The launch of WOLF coincided with speculation that Jordan Belfort, known as the Wolf of Wall Street, was planning to launch his own cryptocurrency.

PAWS Listing Date in 24H! Don’t miss Your Final Prep Checklist!

The PAWS listing date is March 18, just one day away! The community is eagerly counting down the hours for what could be one of the biggest launches on Solana this year. PAWS is set to launch across major exchanges, including Bybit, OKX, KuCoin, Gate.io, MEXC, HTX, and Bitrue. There is still uncertainty about whether PAWS will list on Binance, but a Binance listing could push PAWS to new heights, attracting even more investors and boosting market confidence.

Solana Turns Five: Journey to Becoming a Leading Platform

Solana celebrated its 5th birthday yesterday. The blockchain was launched on March 16, 2020, by Anatoly Yakovenko and Raj Gokal during the COVID-19 pandemic. Today, Solana is second only to Ethereum in terms of total value locked, at $6.85B, with 408B transactions and close to $1T in trading on DEXs. Solana was designed to address scalability issues and has been widely adopted in DeFi, NFTs, gaming, Web3 applications, and as the launchpad for some of the best meme coins.

5 Things to Know About Catzilla ($CATZILLA) Before Investing

As the meme coin sector continues to evolve, new projects aim to carve out a niche beyond the hype. One of such projects is Catzilla ($CATZILLA), a Solana-based meme token with a unique combination of viral appeal, structured tokenomics, and community engagement. With the presale advancing through Stage 7 of 14 and a roadmap that includes gaming integrations and community-driven incentives, Catzilla presents an intriguing opportunity in the current market. Here are five key reasons why some investors are paying attention to this project: 1. Early-Stage Growth Potential in the Meme Coin Market - Meme coins have shown high volatility but also significant profit opportunities for early adopters.