Solana Meme Coin $Avishkar Collapses After $50K Rug Pull Allegations
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- Solana memecoin $Avishkar collapsed after $50K liquidity drain.
- Investors call it a rug pull as price sinks to $0.875.
- Case fuels debate on meme coin risks across global markets.
Another Solana-based memecoin has tanked after a sudden liquidity drain (rug pull), this time tied to $Avishkar, a project promoted by 15-year-old activist Avishkar Raut, known for his viral anti-corruption speech in Nepal.
On-chain data from DexScreener shows the token spiked briefly at launch before collapsing as roughly $50,000 was pulled from liquidity pools.
The event is now circulating within Reddit as the latest Pump.fun rug pull case study, fueling debate over the dangers of hype-driven meme coins that lean on personality rather than fundamentals.
Related: Hypervault Rug Pull? PeckShield Flags $3.6 Million Withdrawal, Mixing via Tornado Cash
$Avishkar Token Tanks on Solana…
Read The Full Article Solana Meme Coin $Avishkar Collapses After $50K Rug Pull Allegations On Coin Edition.
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