Solana's White Whale: Meme Coin Defies Rug Pull Fears, But Whale Dominance Sparks Debate
The WHITEWHALE token has weathered a dramatic 60% crash and accusations of being a scam, rebounding to hold a near $90 million market cap. Its survival hinges on a controversial community takeover and a treasury controlling over half the supply, raising questions about decentralization and long-term viability in Solana's volatile meme ecosystem.