The recent meme coin focus of public chain Solana is the dramatic SLERF. The founder announced today that he will create a donation wallet, hoping to raise enough funds to return the funds of pre-sale participants (SOL). After receiving support from Huobi, Solana DeFi aggregation platform Jupiter, Bitget... and others, he announced that he will donate SLERF on the platform The handling fee for the trading pair.
Due to the impact of these news, SLERF began to rise rapidly at noon today, with the highest price reaching $1.48, and the market value once soared to $650 million, surpassing BOME’s $590 million makes it the 8th ranked meme coin.
However, SLERF writes that it has fallen rapidly. The current price is temporarily reported at $1.005, falling more than 32% from the highest point, and the fluctuations are very violent.
Regarding SLERF’s fundraising wallet, the official has confirmed that the custodian partner of the donation wallet is LBank. According to the official statement, the SLERF team has no access rights to the wallet, so the funds are safe and reliable. This is not a pre-sale, but a donation to support the burn.
LBank also made an announcement on X: We are proud to announce our cooperation with the SLERF team to support pre-sale participants. As the custodian of the donation wallet, we are honored to be the first donor to support early investors.
According to data displayed by the Solana blockchain browser, SLERF’s donation wallet currently holds more than 2,578 SOL, worth more than $470,000, and other tokens worth approximately $16,000. Although the price of SOL has fallen sharply today, 5% of the burned amount has been raised in less than 12 hours, which may be faster than we expected.
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