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Solana Memecoins

Hey, fellow people. I’ve been checking out the charts on Dexscreener, and when I dive in a bit deeper, I’ve noticed something. I came across a number of coins that were launched via pump.fun and now have a market cap of around 100K. But when I look at where most of the tokens are held, it’s just a Phantom account that keeps buying and selling tokens. Is this something new since Pumpswap? Because I’m seeing this more and more often

submitted by /u/Sensitive-Item-1719
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