Celebrity Memecoins Plummet on Solana
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The Solana ecosystem recently witnessed a surge in celebrity-endorsed memecoin projects, capturing the attention of investors. Despite the initial hype and endorsements from well-known personalities like 50 Cent, Caitlyn Jenner, Andrew Tate, Iggy Azalia, and Barron Trump, many of these tokens experienced significant value drops, some losing over 99% of their worth.
