In the volatile world of meme tokens on Solana, stories of whale manipulations and founder heroics are becoming all too common. Recently, a tweet from @richardkingxyz shed light on
🔍 기사 내용 계획
- 이 트윗은 한 고래가 500 SOL어치 $SEND를 매도해 가격을 폭락시키고, 이후 다시 매수했다는 내용을 다룹니다.
a dramatic episode involving $SEND, highlighting the challenges and triumphs in this fast-paced ecosystem.
It all went down on July 9-10, when a big player—known in crypto slang as a "whale" for their massive holdings—dumped 500 SOL worth of $SEND. This sudden sell-off tanked the token's price, creating panic among holders. But it wasn't just a random dump; the whale then started buying back through DCA (dollar-cost averaging), a strategy where you buy in smaller amounts over time to lower your average entry price. The goal? Scooping up more $SEND on the cheap while spooking others into selling.
Adding fuel to the fire, X (formerly Twitter) temporarily deplatformed the official Send account right around the same time. It was like a perfect storm—price crash meets social media blackout. Liquidity providers (LPs), the folks who supply funds to trading pools to enable smooth swaps, got jittery and yanked out a whopping $260K from the @MeteoraAG pool in mere minutes. MeteoraAG is a popular decentralized exchange on Solana known for its dynamic liquidity management models (DLMM), which help optimize trading efficiency.
Amid the chaos, Send's founder, @yashhsm (Yash Agarwal), kept his cool. He stepped in by depositing 300 SOL as single-sided liquidity. What does that mean? In liquidity pools, you usually provide both sides of a trading pair (like $SEND and SOL). Single-sided means adding just one asset, in this case SOL, to bolster the pool and create a price floor. This move helped absorb the panic sells, stabilized the price, and kickstarted a recovery.
Richard King, the macrodata expert behind the tweet, interviewed Yash in a live session on X Spaces (listen here). He described Yash as a "resilient founder" laser-focused on building the product, generating revenue, and mastering liquidity and token dynamics—a rare combo in the meme token space where hype often trumps fundamentals.
밈 토큰 애호가들을 위한 핵심 시사점
This $SEND saga underscores a few critical lessons for anyone diving into Solana's meme token scene:
고래 관찰이 중요하다: 대형 보유자는 가격을 극단적으로 흔들 수 있습니다. 온체인 분석 같은 도구는 이런 움직임을 조기에 포착하는 데 도움이 됩니다. 실시간 트랜잭션 추적은 Solana Explorer에서 확인하세요.
창업자의 대응이 관건이다: 위기 상황에서 침착하고 적극적인 리더의 개입은 상황을 완전히 바꿀 수 있습니다. Yash의 신속한 유동성 투입은 위기를 진정시키고 커뮤니티 신뢰를 회복하는 데 크게 기여했습니다.
유동성 역학 101: MeteoraAG 같은 풀 구조를 이해하는 것은 필수입니다. single-sided deposits(단일 자산 예치)는 매도 압력 시 전체 붕괴를 방지하는 안전망 역할을 할 수 있습니다.
소셜 미디어 위험: 계정 차단(deplatforming)은 FUD(fear, uncertainty, doubt)를 증폭시킬 수 있습니다. Telegram, Discord, 또는 탈중앙화된 대안 등 커뮤니케이션 채널을 다양화하는 것은 합리적인 헤지 전략입니다.
For those curious about jumping in, the contract address (CA) for $SEND was shared in the thread to dodge bots—here's a snapshot:
As meme tokens continue to evolve on Solana, stories like this remind us that behind the memes and moonshots, real strategy and resilience drive long-term success. If you're building or investing in this space, keep an eye on founders like Yash—they're the ones turning turbulence into opportunity. Stay tuned to Meme Insider for more deep dives into the wild world of blockchain memes.