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News Explorer — Roaring Kitty Return Has Unleashed a Flood of Solana-Based Meme Coins Through Pump.fun

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May 13, 9:31 pm
Decrypt

Roaring Kitty Return Has Unleashed a Flood of Solana-Based Meme Coins Through Pump.fun

Keith Gill, also known as Roaring Kitty, has sparked a surge of Solana-based meme coins through the pump.fun protocol. Over 14,500 meme coins were launched in a single day, setting a new record. Despite the popularity of these tokens, there is a risk of value plummeting due to "rug pulls."

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