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June 11, 2025

Solana Memecoin Skyrockets Almost 5000% Amid Controversy

Aura, a memecoin based on Solana, has witnessed an astonishing surge, increasing from a modest market cap of $1 million to an impressive $50 million in just four hours today. This rapid growth has raised eyebrows as the project has been flagged by a crypto scam tracker for possible rug pull activities. Despite the allegations, many investors remain captivated by Aura’s meteoric rise. This sudden market action highlights the volatility and risk intrinsic to memecoins in the crypto market

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