Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Slerf, a sloth-themed meme coin on the Solana network, raised $10 million in a so-called presale and quickly gained popularity even though the developer mistakenly burned the liquidity provider and tokens.
Slerf, a sloth-themed meme coin on the Solana network, raised $10 million in a presale on Monday. The token is among several that have emerged as presales – or fundraising sales before the official introduction – in the past few days following the "I burned the LP and the tokens that were set aside for the airdrop,” @slerfsol wrote on X. “Mint authority is already revoked so I can not mint them. There is nothing I can do to fix this. I am so f—ing sorry."
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