If you’ve been scrolling through X lately, you might have come across a thread by StarPlatinum warning people about a new Solana token launch by YouTuber and Kick streamer Jack Doherty. Posted on July 26, 2025, this thread dives deep into why you should steer clear of this latest venture. As someone who’s followed the meme coin scene for years, I’m here to break it down for you in a way that’s easy to understand, especially if you’re new to the crypto world.

Who Is Jack Doherty, and Why the Controversy?

Jack Doherty is a social media personality known for his wild stunts and controversial content. From crashing a McLaren while texting to hyping up questionable projects, he’s built a reputation that’s as shaky as a house of cards. The thread highlights his latest move: launching a token on the Solana blockchain. But here’s the catch—his track record suggests this might not be a golden opportunity.

For those unfamiliar, Solana is a fast and popular blockchain for crypto projects, including meme coins. These are tokens often driven by hype rather than solid fundamentals, making them a breeding ground for scams. Doherty’s past attempts at crypto ventures haven’t exactly been a success story, and that’s putting it lightly.

A History of Rug Pulls

The thread takes us through Doherty’s crypto journey, and it’s a bumpy ride. Last year, he promoted a memecoin during a livestream, encouraging his followers to jump in. Spoiler alert: he dumped his tokens when the market cap hit $800,000, leaving investors in the dust. He even deleted tweets to cover his tracks. Sound familiar? It’s a classic “rug pull”—where creators hype a token, cash out, and abandon the project.

His next attempt was even bolder. He launched a token called FAGGOT (yes, you read that right) with a pre-sale that raised a measly $300. Once again, he scrubbed all evidence of the failure. The most recent incident? A token launch on Pump Fun, a platform for creating meme coins, where he allegedly “rugged” for $6,000. For the uninitiated, Pump Fun lets anyone create tokens, but it’s also notorious for scams if the liquidity isn’t locked properly.

The Latest Launch: Another Red Flag?

On July 25, 2025, Doherty tried again with a new token tied to his first stream on Pump Fun. The thread includes screenshots showing a price spike followed by a crash—classic signs of a dump. He’s now blaming a collaborator named Sahil for the failure, promising a “fair launch” this time. But with a history of multiple failed tokens and deleted evidence, it’s hard to buy the excuse.

The images in the thread show Doherty in a poolside setting, looking surprised—maybe at his own audacity? One chart reveals the token’s volatile price movement, while another shows his Pump Fun promo. It’s a visual reminder of how quickly these projects can turn sour.

Why You Should Stay Away

So, why should you avoid this token? Here are the key takeaways:

• Past Behavior: Doherty has a pattern of hyping tokens, cashing out, and leaving investors with losses. Trust is hard to rebuild after that.
• Unreliable Platforms: Pump Fun’s lack of strict liquidity locks makes it easy for creators to pull the rug, as noted in crypto forums.
• No Real Value: Meme coins like these often rely on hype, not technology or utility. Once the buzz fades, so does the value.

If you’re into crypto, protecting your “bag” (slang for your investment) is crucial. Diversify your portfolio and stick to projects with transparent teams and locked liquidity. Doherty’s latest venture smells like another cash grab, and the community agrees—some even call him a cautionary tale for their kids!

What Can You Do Instead?

If you’re interested in Solana-based meme coins, look for projects with a solid community, audited smart contracts, and locked liquidity pools. Check out platforms like DexTools to verify a token’s legitimacy before investing. Better yet, join the conversation on Meme Insider to stay updated on the latest trends and avoid pitfalls like this one.

Final Thoughts

Jack Doherty’s foray into Solana tokens is a textbook example of why you need to do your homework in the crypto space. The StarPlatinum thread does a great job of exposing the risks, and as someone who’s seen the meme coin market evolve, I’d echo the advice: stay far away. Got questions about this or other tokens? Drop a comment below—I’m here to help you navigate this wild world of blockchain!