The recent approval of Elon Musk's $1 trillion pay package at Tesla has, true to form, inspired a wave of highly speculative memecoins. While some new tokens, such as "TRILLIONS," saw initial trading volumes exceeding $20 million on Solana, many quickly collapsed as creators executed "exit scams" by pulling liquidity.
This pattern highlights the inherent volatility and significant risks within the memecoin space, where fleeting cultural moments often lead to rapid value creation and equally rapid destruction for early, unwary investors.
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