What Is Salt Bae For The People (SBAE) Crypto Coin? The Truth Behind the Meme Scam
SBAE is a meme coin with no official ties to Salt Bae, zero utility, and a market cap under $50,000. It shows all signs of a rug pull scam - avoid it completely.
When people talk about Solana meme coin, a type of cryptocurrency built on the Solana blockchain that exists mostly for hype, not utility. Also known as Solana-based memecoins, these tokens often start with a funny name, a dog or cartoon mascot, and zero real code—just a tweet and a promise. Unlike Bitcoin or Ethereum, they don’t fix problems, pay dividends, or power apps. They’re digital lottery tickets fueled by TikTok trends and Discord hype.
Most Solana meme coins die within weeks. Take Flowmatic ($FM), a Solana-based DeFi token that promised better trading tools but collapsed because no one used it, no one traded it, and the devs vanished. That’s not rare—it’s normal. The same thing happened with Pepes Dog (ZEUS), an Ethereum meme token with a 420-trillion supply and zero team. Solana’s low fees and fast transactions made it the go-to chain for these projects, but that speed also means they can launch and disappear faster than you can say "to the moon."
What separates a meme coin that survives a week from one that dies in a day? Nothing much. Some get listed on small exchanges like MEXC or Bitget, but if there’s no trading volume, it’s just a number on a screen. Others get fake airdrops to trick people into thinking they’re gaining value. The real danger isn’t losing a few bucks—it’s believing there’s a strategy behind it. There isn’t. No roadmap. No team. No whitepaper worth reading. Just a Discord server full of bots and people pretending they made a fortune.
And yet, people keep chasing them. Why? Because someone, somewhere, got lucky. Maybe they bought $10 of a coin that jumped to $1,000 in 48 hours. That story gets shared. The other 999 people who lost everything? Silent. Solana’s ecosystem is full of these ghosts—tokens with no liquidity, no updates, and no future. But that’s exactly why this collection matters. Below, you’ll find real breakdowns of what happened to these coins, who got burned, and how to avoid becoming the next cautionary tale.
27 November
SBAE is a meme coin with no official ties to Salt Bae, zero utility, and a market cap under $50,000. It shows all signs of a rug pull scam - avoid it completely.
29 July
The Bitcoin Mascot (BITTY) is a Solana-based meme coin with no connection to Bitcoin. It has no team, no community, and no utility - just a misleading name and extreme volatility. Here's what you need to know before buying.