HNUT Meme Coin Plunges 99% on Solana in Suspected Bundled Rug Pull
Blockchain security firm PeckShield flagged HNUT on December 30, 2025, after the Solana-based meme token tied to the “Holly The Squirrel” meme crashed roughly 99% within hours of launch. On-chain traces and PeckShield’s alert indicate liquidity was likely removed or redistributed in a pattern consistent with a bundled rug pull, leaving late buyers with near-zero value positions and sparking immediate token delisting and market panic.
The collapse underscores persistent risks in high‑velocity meme launches and elevates scrutiny on Solana’s token onboarding and decentralized exchange listings. While on-chain monitoring firms are documenting the flow of funds and wallets involved, investors are being reminded to exercise heightened due diligence and to expect increased enforcement and platform controls as regulators and infrastructure providers react to repeated scams.