According to @KookCapitalLLC on Twitter, there is speculation that Dave Portnoy may initiate another rug pull on the Solana (SOL) blockchain, continuing a pattern where he reportedly launches coins after losing money through trading or gambling to recoup losses (source: @KookCapitalLLC, June 16, 2025). Traders on Solana should exercise heightened caution regarding new meme coin launches, as repeated rug pulls can lead to increased volatility and potential liquidity traps for SOL holders. Monitoring wallet activities and on-chain data is recommended to avoid exposure to high-risk assets.

According to AltcoinGordon on Twitter, today's market sentiment is divided between bullish and bearish traders, highlighting increased volatility across major altcoins such as Ethereum, Solana, and XRP (source: Twitter/@AltcoinGordon, May 28, 2025). High trading volumes and sharp price swings are expected, making it a pivotal session for short-term cryptocurrency traders. Monitoring on-chain data and order book depth is recommended to capitalize on intraday opportunities.

According to @TheOnlyNom, the upcoming SolanaConf is confirmed and drawing strong attention from the Solana community (source: Twitter/@TheOnlyNom, May 19, 2025). Historically, major Solana ecosystem events have driven notable volatility and trading volume increases in SOL and related tokens, as participants anticipate new project announcements and network upgrades. Traders should monitor SOL price action closely in the days leading up to SolanaConf, as previous conferences have led to double-digit price swings and heightened derivatives activity (source: CoinGecko, past SolanaConf data). Key long-tail keywords include 'SolanaConf 2025', 'Solana price prediction', and 'SOL trading strategy'.

According to Lookonchain, a Solana whale sniper incurred a significant loss of 8,586 SOL (about $1.48 million) on a WATCHCOIN trade. The trader paid 669 SOL (approximately $116,000) in fees and invested a total of 17,800 SOL ($3.09 million) to acquire 47.83 million WATCHCOIN tokens. Ultimately, the sniper sold all the tokens for only 9,883 SOL ($1.72 million), resulting in a realized loss of $1.48 million. This incident highlights the high risks of on-chain sniping strategies in the Solana ecosystem, emphasizing the importance of due diligence and risk management for crypto traders. Such large-scale losses can impact liquidity and sentiment around both WATCHCOIN and SOL, prompting short-term volatility. Source: Lookonchain via Twitter, solscan.io/account/7GSgXJ.