$723K Drained as Solana Memecoin 'dunald tremp on chair' Rugs Holders with 93% Price Collapse

Solana memecoin 'dunald tremp on chair' ($dunald) collapsed 93% overnight after developers executed a classic liquidity pull exit scam, draining $723K from unsuspecting traders. The token's liquidity pool shrank to just $4K, making it virtually impossible for holders to exit positions.

The rugpull followed the standard memecoin playbook: developers artificially inflated the token price through social media hype and coordinated buying, then simultaneously withdrew all liquidity from the DEX pool. Trading volume spiked before the crash as retail traders piled in during the final pump phase.

DexScreener data shows the token trading on pair 8ybyfsenmb8u9tlrtggvix6zr1kdsk9ksazqswh7umwe before liquidity vanished. The rapid drain suggests developers had pre-planned the exit, likely holding significant token allocations alongside pool control. No warning signs appeared until the liquidity pull began.

This incident highlights ongoing risks in Solana's memecoin ecosystem, where low barriers to token creation enable frequent rugpulls. Traders should verify liquidity lock periods and developer token allocations before entering positions. The $723K loss adds to Solana's growing tally of memecoin-related losses this quarter.