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↓ BeerCoin’s turbulent journey: Whales, Rumours & Potential Rug Pull - What’s Next?

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BeerCoin’s turbulent journey: Whales, Rumours & Potential Rug Pull - What’s Next?
BeerCoin, a Solana-based meme coin, has seen a heavy rollercoaster in the market. It skyrocketed, reaching an all-time high and boasting a rapid increase in holders. With a market capitalization touching $400M, it managed to grab attention from investors and even celebrities. Yet, it was heavily criticized for patterns of whale manipulation, leading to concerns about a potential rug pull. This caused the price to plunge dramatically, losing up to 80% of its value. Fear was not dissipated even when it had occasional surges, hinting at an imminent all-time high. Additionally, there are challenging competitors, such as Sealana and WienerAI meme coins that are raising substantial funds on a buzzing pre-sale. Finally, rumors about its promotion by Mr. Thank You were debunked leading to even more downward pressure. Despite of these setbacks, the coin continues to be discussed and traded worldwide.

BeerCoin News Analytics from Mon, 04 Mar 2019 08:00:00 GMT to Thu, 18 Jul 2024 14:46:16 GMT - Rating -6 - Innovation -3 - Information 7 - Rumor -4

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BeerCoin - News Analyzed: 1,167