Solana AI token AVA hit by launch sniping tied to deployer

Newsroom analyst at desk examining Solana AVA launch metrics and front-running on screens

The Solana AI token AVA faced a coordinated launch sniping event that concentrated supply among a small cluster of wallets, undermining market integrity and triggering a sharp collapse, according to Bubblemaps. On-chain evidence points to activity involving the deployer’s address and synchronized purchases at launch, highlighting recurring risks in token releases and exposing structural weaknesses […]