Solana Scam Tokens Hit $300T Cap, Freeze Sales, Stranding Holders

A series of Solana-based tokens, including BONKKILLER and others, have been identified as scams, with developers manipulating market caps by freezing token sales and preventing holders from selling. The market caps reported range from $13 billion to over $300 trillion, with some tokens claiming market caps larger than the global GDP. These actions have left holders with massive unrealized gains and no ability to sell, effectively stranding them with worthless assets. Additionally, a sniper/insider dumped over 551M $COOL, making more than 11.8K $SOL ($1.68M) in just 1 hour. Tools like Rugcheckxyz and birdeye_so are recommended for due diligence to avoid such scams. Furthermore, liquidity worth over 3,000 $SOL was withdrawn after freezing token sales.