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Solana-Based Meme Coin BEER Faces Continuous Team Sell-Offs, Price Plummets

2025-07-03 17:41:03

Description

Solana-based meme coin BEER has witnessed significant price drops due to ongoing token sales by the development team. The on-chain data from Lookonchain revealed that the team-associated wallets have been liquidating substantial amounts of BEER tokens. Recently, a wallet linked to the BEER team sold billions of tokens, bringing the token price to new lows.

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