Solana Memecoin ‘Runes’ Crashes from $28M to $500K as Developer’s X Accounts Suspended
The launch of a new member named Rones on Solana has become a roller coaster that has become an investor. The tokens created by Runetoshi, a rune developer Runetoshi, were initially soared to a amazing market value of $ 28 million shortly after their first debut. However, this excitement is short, because the rapid selling has caused its market value to drop only to $ 500,000 in a few hours. In order to increase the fuel, Runetoshi’s X account was unexpectedly suspended, which caused people to guess the project reputation. Runes’ sharp rise and decline highlights the risks related to volatile souvenirs, and make investors question the transparency and future of this high speculation tokens.
