HNUT Token Plummets Over 99% Amid Rug Pull Concerns
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Collapse: The HNUT token has plummeted over 99% in just a few hours, dropping from $0.07 to below $0.0003, nearly reaching zero, which has resulted in significant losses for investors and reflects a collapse in market confidence in the token.
- Trading Volume Surge: Despite HNUT recording a surge of over 700% in 24 hours, reaching a market capitalization of $70.94 million and briefly becoming the third most traded token on the Solana blockchain, subsequent abnormal liquidity movements raised warnings of a potential rug pull, highlighting the extreme volatility in the market.
- Risk Alerts: Multiple on-chain monitoring platforms, such as CryptoScope, detected unusual liquidity and suspicious data patterns related to HNUT, warning investors of potential risks, indicating that in a highly speculative market environment, investors need to remain vigilant.
- Market Sentiment Impact: Experts note that as a memecoin, HNUT's trading volatility is significantly influenced by market sentiment and short-term speculation, further exacerbating investors' exposure to risk.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







