Ibiza Final Boss (BOSS), a new meme token on the Solana network, has surged to a $10M market cap, fueled by intense social media buzz. Despite hype, no verified confirmation links alleged backer Jack Kay to the project. Trading volume plunged 75% in 24 hours, highlighting typical meme token volatility. With unverified leadership and shifting liquidity, BOSS faces uncertain regulatory outlooks while impacting Solana ecosystem trading dynamics.

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