Solana Memecoin Rally Sparks Rug Pull Allegations Despite 4,130% Gain Within 24 Hours

The Solana-based memecoin aura surged nearly 5,000% within hours, but a crypto scam tracker has flagged it as a potential rug pull. AURA's market cap increased from $1 million to $50 million in 4 hours, with trading volume skyrocketing by over 115,000% from the previous day. The project has no official update or announcement to explain the rally, raising suspicions of insider manipulation.

The Solana-based meme coin Aura experienced a remarkable surge in value, rising nearly 5,000% within hours on June 11, 2025. This dramatic increase saw Aura's market cap grow from $1 million to $50 million in just four hours, with trading volume skyrocketing by over 115,000% from the previous day. However, the absence of official updates or announcements from the project has raised concerns among investors and crypto analysts.

The rapid increase in Aura's market cap and trading volume has led some to suspect that the surge could be the result of insider manipulation or a potential rug pull. A crypto scam tracker has flagged the token as a potential scam, further exacerbating investor concerns. The project's lack of transparency and the absence of any official communication have contributed to the skepticism surrounding Aura's recent performance.

Investors are advised to exercise caution when evaluating opportunities in the volatile and often unpredictable world of meme coins. While the potential for significant gains exists, the risk of loss is equally high. It is crucial to conduct thorough due diligence and consider the long-term prospects of any investment before committing capital.

References:
[1] https://bitcoinist.com/solana-top-meme-coins-ready-to-blow-are-solaxy-and-snorter-among-them/
[2] https://cryptonews.com/cryptocurrency/best-solana-meme-coins/