$RACECOIN— Telegram Channel

The channel promoted $RACE as the 'next meme phenomenon' on Solana, built around a tap-to-earn game (@Racememe_bot) where users accumulated kilometers/points for an anticipated airdrop. Content utilized heavy racing metaphors, daily engagement mechanics (streak multipliers, fuel tanks), meme prediction competitions, and whitelist campaigns targeting nearly 460,000 members. The founder 'Pepelin' communicated directly in an informal, meme-heavy style, promising CEX listings and an ecosystem of products. However, the project abruptly pivoted to announce its shutdown, with the founder admitting failure to create genuine 'vibes' necessary for meme coins, acknowledging regulatory dangers, and stating the launch posed 'unnecessary risks' to his family, effectively ending the project before token generation.