🚀 Understanding Meme‑Coin Pumps — What Drives the Hype?
Meme coins often surge due to viral social media momentum, celebrity shoutouts, and coordinated hype from channels like Telegram or Discord .
Many tokens originate from platforms like Pump.fun, which enables instant creation of meme coins on Solana—most fail shortly after launch .
Example charts show swift price + volume spikes followed by rapid dumps—classic pump‑and‑dump patterns