Sahil Arora Launches Mayweather Meme Coin on New Solana Platform Fomo
- —Mayweather-linked token peaked at $1 million market cap, then fell 96% in three hours
- —Deployer wallet sold for just $5,000 profit, missing over $280,000 in gains
- —Bubblemaps: largest connected wallet cluster made only about $105,000
- —Arora says he will recreate his 2024 celebrity coin playbook on Fomo
Why it matters: The episode highlights how celebrities and promoters keep using Solana for rapid meme coin launches, raising risks for retail buyers.
Source: Decrypt