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Solana Memecoins

Is anyone else noticing graduated coins on Photon and BullX having a large amount of holders around 800-1500 but the market cap not moving at all or it stagnates around the same level. Apologies if this has been asked before or if it’s not new. I’m new to this whole space and just trying to be wary of scams ( seems like there’s a lot )

submitted by /u/ishyfishy01
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