The recent launch of YZY and LIBRA, two meme coins on Solana, has sparked concern among market participants due to the possibility of insider trading. On-chain analysis reveals potential manipulation linked to rapid price fluctuations in both tokens, raising concerns about centralization and rug-pulls. Analysis by Lookonchain highlights increased NFT sales amidst these volatile launches, while Crypto Hayes explores potential market impacts. The YZY token has already reached a fully diluted valuation of $3 billion before experiencing a significant 60% drop, highlighting the risks associated with centralized control and quick price fluctuations. LIBRA’s link to a $21 million extraction scheme further emphasizes potential financial risks for investors.