Solana Marketing Campaign Sparks Meme Coin Opportunists

October 2nd, 2023
In the midst of a marketing campaign from the Solana foundation "Only Possible On Solana" the usual crowd took advantage of this opportunity to drop a meme coin and extract some value from the ecosystem with the good old game of Hot Potato. Whilst some degens rejoice in their short term wins, when the dust finally settles the volume will disappear and demand will reduce from a lack of interest in the new shiny toy, leaving plenty of fomo buyers holding bags of yet another useless SPL token created by opportunists.
The usual phrase quoted during these events like "Bringing back liquidity" are often bull posts by those incentivised from the liquidity as it rotates from one another.
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