CR7 Meme Coin Experiences Dramatic Crash Following $143M Rug Pull Scandal

A newly launched CR7 meme coin on the Solana blockchain experienced a dramatic price drop, plummeting from $5 million to near zero after a suspected rug pull scam. This incident echoes similar high-profile scams involving soccer star Cristiano Ronaldo’s name, with a previous $143 million rug pull attack targeting cryptocurrency investors.