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Crypto’s Wild Week: $IRYS Surges 1,300% as Meme-Coin Rugs Roil Solana

Grade Abearish AI signal$KIMCHI
$IRYS rose 1,300%, with $21.4M in short liquidations reported during the move. The event stood out against a weaker Bitcoin backdrop, as BTC slipped below $80K and tagged $79.1K. On Solana, PumpFun activity was a major focus. On Oct. 22, 873K wallets were active with PumpFun included, compared with 89K without it. The source said PumpFun accounted for almost all Solana activity. Celebrity-linked meme-coin launches also saw rapid reversals. A coin linked through Kimchi's account ran to $15M before crashing more than 95%, while the original $KIMCHI fell from $45M to $9M. A PumpFun-linked $CARTI token ran to $1.2M and rugged more than 98%.

Bullish strength: 18/100

  • Kimchi has not sold its 75% supply holdings

Bearish strength: 82/100

  • Kimchi-related tokens fell from 45M to 9M
  • Related projects surged before crashing over 95%

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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