I’m gonna say what everyone’s thinking but not enough people are saying out loud: bundling bots are destroying any chance Solana memecoins had at legitimacy, and if nothing changes, this whole market is going to collapse.
Telegram bots like Pumpking and Rugdemon and many others have made it laughably easy for anyone to orchestrate convincing rugs. Yeah, bundlers like Pumpking have some limits, but let’s be real, you can still generate practically invisible bundled wallets that make your shitcoin look like it has organic distribution. And don’t even get me started on Rugdemon. They provide liquidity and volume FOR FREE???!!!. Any random idiot can spin up a coin that looks completely legit. healthy holder distribution, decent volume, active trading……and then pull the rug 6 hours later.
I haven’t seen a genuinely legitimate token launch in DAYS. Everything is either an obvious honeypot or a sophisticated rug with 20+ bundled wallets creating fake distribution.
Here’s the problem: The Solana Foundation can talk all they want about decentralization and permissionless innovation, but at some point, when 95% of tokens are scams, normal traders will just… leave. They’ll go back to ETH memecoins, or Base, or they’ll just quit entirely. Why would anyone ape into a Solana memecoin when the odds of it being a rug are basically 100%?
We need to either:
- Force these bundler services to shut down or implement KYC (yeah, I know, “decentralization”)
- Build MUCH better detection tools that can spot bundled wallets instantly
- Accept that Solana memecoins are dead and move on
The current situation isn’t sustainable. Change my mind.
And before anyone comments “DYOR” or “don’t ape into shitcoins”โyeah, no shit. But when the entire discovery process is polluted with sophisticated scams that LOOK legitimate, even careful research doesn’t help. The house always wins when the house has access to invisible bundlers.
submitted by /u/weezybaby8212000
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot