A series of Solana-based tokens, including BONKKILLER and others, have been identified as scams, with developers manipulating market caps by freezing token sales and preventing holders from selling. The market caps reported range from $13 billion to over $300 trillion, with some tokens claiming market caps larger than the global GDP. These actions have left holders with massive unrealized gains and no ability to sell, effectively stranding them with worthless assets. Additionally, a sniper/insider dumped over 551M $COOL, making more than 11.8K $SOL ($1.68M) in just 1 hour. Tools like Rugcheckxyz and birdeye_so are recommended for due diligence to avoid such scams. Furthermore, liquidity worth over 3,000 $SOL was withdrawn after freezing token sales.
NEW: SEVERAL @solana-BASED SCAM TOKENS ARE USING A TOKEN2022 ELEMENT TO PREVENT HOLDERS FROM SELLING THEIR TOKENS - TRADERS CAN USE TOOLS SUCH AS @Rugcheckxyz AND @birdeye_so FOR DUE DILIGENCE https://t.co/PcPS3SMTUq
NEW: @solana-BASED SCAM TOKEN (HONEY POT) HASN'T SEEN A TRANSACTION IN OVER 2 HOURS - DEV HAS LEFT CURRENT HOLDERS STRANDED WITH UNREALIZED GAINS AND UNABLE TO SELL THEIR FROZEN TOKENS - MAJORITY OF THE LIQUIDITY HAS BEEN PULLED https://t.co/2OLcCofInD
๐จ SCAM ALERT: Another @solana memecoin ($EPEP), a scam and honeypot, has surpassed a $13 billion market cap. The creator has frozen token sales - Be Aware. https://t.co/URlsW0SnYf
๐จ UPDATE: @solana memecoin BONKKILLER, a scam and honeypot token, has withdrawn liquidity worth over 3,000 $SOL after freezing token sales for users. https://t.co/JO3E3RuXMW
BREAKING: MISTERIOUS TOKEN (HONEY POT OOGA BOOGA) BREAKS $1000 TRILLION MARKET CAP AFTER THE DEV SEEDED 1$ AND AND PREVENTED TOKEN HOLDERS FROM SELLING THEIR TOKENS - HIGHER THAN 2024 WORLD GDP
SOLANA HONEYPOT MEMECOIN BONKKILLER SOARS PAST $300T MARKET CAP: WHAT HAPPENED? - A Solana-based honeypot memecoin, BONKKILLER, surges to $328 trillion market cap with just over 1,000 holders. - To put this into perspective, $328 trillion is 3.28 times the entire globalโฆ https://t.co/Yq7HwEcoFG https://t.co/krNbB44zw2
UPDATE: #SOLANA HONEYPOT MEMECOIN BONKKILER SURPASSED $300T MARKETCAP
Solana market cap isnโt real. How much liquidity did this honey pot suck https://t.co/FG2KWwOamf
$BONKKILLER is about to pass $300T good morning (this token is frozen and you cannot sell it if you buy it DYOR) https://t.co/xGNfK4rcaZ
BREAKING: Solana memecoin #BONKKILLER (Honey Pot) has reached a market cap of $120T. https://t.co/l8TuYiYtJL
NEW: @solana-BASED SCAM TOKEN (HONEY POT) BREAKS $100 TRILLION MARKET CAP, AFTER THE DEV FROZE THE ACCOUNTS OF TOKEN HOLDERS TO PREVENT THEM FROM SELLING THEIR TOKENS - HIGHER THAN 2023 WORLD GDP https://t.co/nZ3gA041u5
NEW: @solana-BASED SCAM TOKEN BREAKS $40 TRILLION MARKET CAP, AFTER THE DEV FROZE THE ACCOUNTS OF TOKEN HOLDERS TO PREVENT THEM FROM SELLING THEIR TOKENS - DO NOT BUY THE FREEZABLE TOKEN https://t.co/ywQytSzupx
Be careful with CoolCoin( $COOL ), a sniper/insider is dumping $COOL on you! The sniper/insider has made more than 11.8K $SOL($1.68M) in just 1 hour. He still has over 551M $COOL(55.1% of the total supply) left, worth over $20M! 2 wallets (possibly belonging to the sameโฆ https://t.co/aiBFEGCrFB
NEW: @solana-BASED SCAM TOKEN BREAKS $20 TRILLION MARKET CAP AFTER THE DEV FROZE THE ACCOUNTS OF TOKEN HOLDERS TO PREVENT THEM FROM SELLING THEIR TOKENS - SOME HOLDERS THEORETICALLY HAVE BILLIONS OF DOLLARS WORTH OF UNREALIZED CAPITAL GAINS - DO NOT BUY THE FREEZABLE TOKEN https://t.co/bNMJrl4LOA
NEW: @solana-BASED TOKEN REACHES $9 TRILLION MARKET CAP BECAUSE THE DEV FROZE THE ACCOUNTS OF HOLDERS TO PREVENT THEM FROM SELLING THEIR TOKENS - DO NOT BUY THE FREEZABLE TOKEN https://t.co/THaoSg9xdC