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Solana Memecoins

So I’ve been seeing a lot of hype about ponzi coins, taking a tax and rewarding holders for them but they seem to go up and crash quick (a lot of them are just rugs). I saw one that goes by $S&P500 ticker and saw they reward in memecoins. This sounds kinda like MEMDEX100 but with dividends.

Anybody else hear about it? Looks like the coin’s still low mcap but the tg and community seem pretty genuine

submitted by /u/Character_Diver9269
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