Traders are being cautioned to exercise vigilance when dealing with tokens promoted or launched by celebrities. A recent report from Lookonchain revealed that Caitlyn Jenner has earned 2,381 $SOL (approximately $405,000) by launching twelve meme coins on the Solana blockchain over the past four days. On May 27, Caitlyn Jenner (@Caitlyn_Jenner on Twitter) launched a token named $jenner, initially purchasing 44.56 million $jenner tokens for 1.3 $SOL ($221) on Pump.fun. She later sold these tokens for 253 $SOL, making a profit of 252 $SOL ($43,000). Be wary of tokens launched by celebrities.🚨 We fund that @Caitlyn_Jenner earned 2,381 $SOL($405K) by
The post Traders Beware: Caitlyn Jenner’s Meme Coin Ventures On Solana appeared first on The Merkle News.
