How to Rug a Solana MemeCoin For $2 million In 1 hour: CoolMan's Universe Case Study

CoolMan's Universe (CoolCoin) was one of the most hyped solana memecoin launches, boasting over 100k followers on twitter and backed by influencers. But within an hour after launch and millions of dollars in trading volume, the creators of the token dumped the token by -90%+ racking in approx $2 million in profit whilst thousands of traders lost their money.

Here's a breakdown case study of why this happened and how you can avoid getting rug pulled by similar projects.

Join the archie labs server to access free rug check tools including 'if dev sniped' alerts, sniper bots, and monitors for new liquidity burn/lock, pump fun launches, and pending snipes before a token launches: Discord: discord

Timestamps:
00:00  Introduction to the CoolCoin case study
02:50 Investigating creator on solscan
07:37 Checking early snipers of token
14:58 Analyzing early snipers PNL
23:31 Advanced rug checks analysis

#memecoin #solana #rugcheck #ai #dexscreener