Solana Meme Coin BEER Crashes 85% After Insider Sell-Offs

June 14th, 2024
Solana meme coin BEER plummeted 85% after a massive sell-off by insider traders. A user named Wazz reported on X that 13 wallets dumped over $15 million in BEER, which surged 5,200% in two weeks. Insiders controlled over 50% of BEER’s supply. Notable addresses sold millions each, triggering the crash post-listing on ByBit.
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