$6.68M to $108K in 24 hours. Jack Doherty just rugged his fans again with $JACK on Solana.
Same playbook as always:
"Never selling" ➡️ Dumped $200K hours later ➡️ -98.4% from ATH ➡️ 6,500 holders left holding bags
Launched Sep 27. Peak MC $6.68M. Current MC $108K. Liquidity? Only $41.5K.
$7.5M volume pushed through $41.5K liquidity while fees flowed straight to his wallet. This is textbook exit liquidity farming.
This isn't new:
Nov 2024: McLaren coin. Multi-wallet buys, live stream pump, instant dump, deleted tweets.
2025: Two more coins with "$100M MC" promises. Both failed.
Sept 2026: "Never selling." Sold anyway. -98% same day.
Every. Single. Time.
Red flags were screaming:
Creator with documented dump history ✅
Liquidity nowhere near market cap ✅
Fees routing to dev wallet ✅
Promises with zero lockup ✅
If the dev wallet can sell, it will sell. Period.
Real builders are grinding daily while the market keeps feeding the same serial rugger. Stop being exit liquidity for people who've already shown you who they are.
Check history before charts. Check liquidity before aping. Never trust promises without locks.
Protect your capital. DYOR or get rekt.
Same playbook as always:
"Never selling" ➡️ Dumped $200K hours later ➡️ -98.4% from ATH ➡️ 6,500 holders left holding bags
Launched Sep 27. Peak MC $6.68M. Current MC $108K. Liquidity? Only $41.5K.
$7.5M volume pushed through $41.5K liquidity while fees flowed straight to his wallet. This is textbook exit liquidity farming.
This isn't new:
Nov 2024: McLaren coin. Multi-wallet buys, live stream pump, instant dump, deleted tweets.
2025: Two more coins with "$100M MC" promises. Both failed.
Sept 2026: "Never selling." Sold anyway. -98% same day.
Every. Single. Time.
Red flags were screaming:
Creator with documented dump history ✅
Liquidity nowhere near market cap ✅
Fees routing to dev wallet ✅
Promises with zero lockup ✅
If the dev wallet can sell, it will sell. Period.
Real builders are grinding daily while the market keeps feeding the same serial rugger. Stop being exit liquidity for people who've already shown you who they are.
Check history before charts. Check liquidity before aping. Never trust promises without locks.
Protect your capital. DYOR or get rekt.
