Solana-based meme coin $Avishkar has collapsed following a $50,000 liquidity drain, causing its price to fall to $0.875. The incident, associated with a 15-year-old activist, has intensified discussions about the risks of meme coins driven by hype. On-chain data indicates that liquidity disappeared shortly after the token's launch, and it is now trading at low volumes. The event has sparked backlash from retail traders and underscores the volatility of meme coins linked to individuals, particularly minors or viral figures. Analysts suggest that recovery is unlikely without new capital inflows, and the situation has fueled calls for enhanced investor protections and increased crypto literacy, especially for younger audiences.