$723K Solana Rugpull: DUNALD Token Crashes 93% as Liquidity Vanishes

The dunald tremp on chair ($DUNALD) token on Solana suffered a catastrophic 93% price collapse after developers executed a coordinated liquidity drain. The memecoin, which capitalized on political imagery, lost $722,569 in trader value as liquidity pools were systematically emptied.

Trading data from DEXScreener shows liquidity dropped to just $4,000 from previous highs, effectively killing price discovery. The attack vector combined traditional liquidity pulls with an exit scam pattern, leaving holders unable to sell positions at anything approaching fair value.

The rugpull follows the established Solana memecoin playbook: generate hype around trending themes, attract retail FOMO, then drain liquidity when trading volume peaks. DUNALD's political branding attracted significant early interest before the inevitable collapse.

Traders are monitoring similar politically-themed tokens for contagion effects. The incident reinforces the extreme risk profile of low-cap Solana memecoins, where developers maintain full control over liquidity provisioning without time locks or governance mechanisms.