$SOL Crypto Twitter is exploding after **allegations** emerged that former NYC Mayor **Eric Adams** was linked to a Solana-based memecoin launch that collapsed within **30 minutes** of going live.
📉 **What Happened**
* Token launched and **skyrocketed to ~$600M market cap**
* Sudden liquidity drain triggered a violent sell-off
* Price **collapsed 81%** — from **$0.58 → $0.11**
* Market cap fell below **$100M** within minutes
🕵️ **On-Chain Allegations**
* Blockchain analysts tracking launch-linked wallets estimate up to **$3.5M** may have been extracted during the chaos
* No official confirmation yet — claims remain **unproven**
🔥 **Why This Matters**
* Reignites concerns around **political figures in crypto**
* Highlights ongoing risks of **celebrity & meme-driven launches**
* Sparks fresh debate on **accountability, transparency, and regulation**
If these allegations are confirmed, this could go down as **one of the most brazen political rug-pull scandals in crypto history**.
Was this just another high-risk memecoin gamble…
or something far more **deliberate**? 👀
#SOL #Memecoin #Blockchain #RugPull #OnChainAnalysis