Crypto News

Solana Mimi Favo currencies are rising amid the visa coding scourge

A code of encryption was announced on the Solana on the official Visa account on Facebook on January 27, 2025, while the Solana -based Meme Barron increased to more than 250 % in a short period of a few hours after President Donald Trump published a picture.

Fisa’s Facebook is at risk in the encryption fraud

On January 27, infiltrators exposed the official Facebook Facebook page in the electronic attack and used it to promote the Solana’s distinctive symbol trade under the $ Ticker. The price of the distinctive symbol increased before collapse, signing a rugging fraud.

The carpet carpet indicates a fraud in which the developers of the distinctive symbol suddenly sell their property, causing the distinctive code price to collapse. It shows the trend related to the social media accounts of companies that are directed to enhance fraud coding plans.

A commercial scheme displays the Visa/Solana market on GMGN.AI with 5 minutes. The planned highlights a high price and trading size at about 06:00, followed by a sharp decrease and installation. The current price is 0.53282, which reflects a decrease of 2.68 %. Trading volume appears as 3.463k.
/Sol trading planning on GMGN.AI (5 minutes time periods) showing rapid prices followed by a later correction and installation. Source: Crypto.News

Trump pays the price of Favo Barron up:

On January 27, President Donald Trump posted a picture of himself with FAFO Meme on his social media platform, Truth Social, which collided with the Solana -based MEME Coin price in four hours.

The Mimi currency has been created on a pump. The symbol witnessed a sharp rise in the market value and reached more than 148 thousand dollars in those hours, according to it Coinmarketcap.

A commercial scheme shows the FAFO/SOL market on Raydium with 15 -minute periods of time. The graph displays price fluctuations, including a significant increase in trading volume and the maximum market, followed by correction. The current price is at 37,108.12, with an increase of 4.30 %. The graph highlights the candles patterns and sized bars at the bottom, indicating the last trading activity.
FAFO/SOL trading chart on Raydium (15 minutes), which indicates a frequent price recovery with prominent market fluctuations on January 27, 2025. Source: Crypto.News

While the promotion of the president has people interested in FAFO, the price of Meme Coin has begun to decrease, and at the time of writing this report, it is circulated at $ 0.00004161. This is a sharp decrease of 28 % in just one hour. This comes after another encryption called “Barron” was launched on Solana on January 20, the day President Trump took over the position of President 47 of the United States. However, the Baron Code was quickly pulled Million dollars In the carpet.

Solana: A higher option for fraud, withdrawal from the carpet

Solana (Teller), Which was approved as one of the best options Artificial intelligence agentsBut it also includes pump.fun, which allows anyone to create a Mimi currency, which often leads to a carpet withdrawal.

POMP.fun has been criticized for exploitation by bad actors to launch fraudulent symbols, which led to the losses of investors. This is not an independent experience. Reports indicate that only 0.4 % of Pump.fun members 14 million earned more than $ 10,000 of profit, leaving the majority with losses. On January 15, Burwik Law Declare They are advancing against pump.fun, accused of exploiting investors through what the founder of Max Burwick describes as “a development of multi -level marketing fraud.”

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2025-01-27 10:09:00

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