June 5, 2025

Solana-Based Meme Coin Beercoin (BEER) Plummets Amid Team Sales, Investor Faces $6M Loss Without Selling

1 min read

Solana’s ecosystem recently saw a significant downturn in one of its top meme coins, Beercoin (BEER), due to a massive sell-off by the project’s team. The surprising aspect is a whale investor continued to hold their position despite substantial losses. Lookonchain, an on-chain data analysis account, revealed the magnitude of the losses faced by this

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Source: CoinOtag

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