Dolly Parton died on August 25 at age 80 after a brief battle with cancer. Within minutes of her death, tokens bearing her name flooded Pump.fun, a Solana-based memecoin launchpad, generating millions of dollars in trading volume before most collapsed in rug pulls. These tokens were not authorized by Parton’s family or estate. Creators promoted them as tributes, attracted buyers, then sold their holdings near the peak, leaving late buyers with worthless tokens. Pump.fun allows tokens to be created and rug-pulled within a single trading session, making real-time regulatory intervention impossible.
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