solana:5erj4fz47YLFZc677GNipfaK1G8UrwwPTyy9HPaMtLmk Went From Elon-Fueled Hype to an 80%+ Crash😬. Things got crazy fast with #SLINK . After Shivon Zilis reposted a post containing the token’s contract address and Elon Musk replied, the token suddenly took off and reached around an $80M market cap. Then the post was deleted... and SLINK basically gave back the entire move, crashing more than 80%. While a lot of traders were caught buying into the hype, the on-chain activity tells a pretty different story. More than 30 early wallets reportedly bought in before the big move and sold quickly, collectively making over $4.7M in profit, with some trades returning more than 1,200x. Pretty brutal example of what happens when social-media hype hits a tiny token... the early wallets get the exit liquidity, and everyone chasing the candle gets left holding the bag.
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