Beercoin (BEER) Price Plummets Due to Major Token Sell-Off in Solana Ecosystem

Solana ecosystem’s popular memecoin, Beercoin (BEER), is seeing significant sales activity. Recent large-scale sales of BEER tokens are linked to its development team, prompting questions about market fairness. Lookonchain’s blockchain analysis reported a 5.43 billion BEER token sale, worth $1.13 million, conducted by a wallet tied to the BEER team. Solana’s Beercoin Faces Major Sell-Off

Source: CoinOtag