2026-01-20 00:21:45

One newly launched token on Solana just delivered a harsh lesson to early believers. A project that pulled in $11.4M through its recent token sale hit the market and nosedived roughly 95% within the first hour of trading. What made it worse? The initial liquidity seeding was sparse at around $500K, leading to an FDV that bottomed out below $1M. It's a textbook case of how thin liquidity and community sentiment can trigger violent selloffs on layer-1 chains, especially when expectations don't match execution. Retail investors caught off-guard, and the market didn't bother waiting—brutal but telling.

SOL-3,98%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

BuyHighSellLow

· 11h ago

Hmm, it's the same trick again. Over 100 million in funding just evaporated, and the traders have been fooled again.

View OriginalReply0

FlatTax

· 11h ago

This is a typical rug warning. They raised over 10 million, and this is the result? When liquidity was only five million, they should have run.

View OriginalReply0

SpeakWithHatOn

· 11h ago

Hmm... it's the same old trick again. Raising 11.4 million and going live, then immediately slashing 95%. Do they really dare to claim this liquidity of 500k?

View OriginalReply0

SilentAlpha

· 11h ago

Another classic Solana script where 11.4 million was invested and then it crashed 95% in one hour, it’s hilarious to me --- Liquidity is only 500,000, what do they expect people to do? --- I just want to know who was buying at the high... I really can't hold it together --- The gap between expectations and reality is so big, who’s to blame? Still the same old story --- 95% in one hour, these retail investors are really unlucky, can't they learn?

View OriginalReply0