$SOL Short

🔥 HOT: SolanaFloor exposes a scheme to profit over 200 million USD through memecoin on Solana

Recently, on social media X, SolanaFloor released a video as evidence of a "coordinated market manipulation" plan by organizations Kelsier Ventures, Metaora AG, and WEAREM3M3 aimed at illicitly profiting by launching memecoin on the Solana ecosystem.

Notably, Kelsier Ventures has been discovered to be the entity behind the release of LIBRA - a memecoin that has gained notoriety in recent days.

Currently, this issue is being widely discussed on X, causing a loss of trust and division within the memecoin community of the Solana ecosystem. The SOL token has also dropped nearly 5% following the aforementioned incident.

Is this the end of the memecoin cycle? 😱