Solana-based tokens have dominated the meme coin narrative with nearly double-digit gains in the past week.
Solana-based meme coin
is making headlines for the “accidental” burn of nearly 50% of the token’s supply. The project’s developer said on its X account that he has no means to mint the lost tokens and the meme coin is seeing a rise in accumulation by large-wallet investors in the Solana ecosystem. The $ pre-sale cannot receive #airdrop. The current supply is only 500M $
’s developer announced on Monday that he accidentally burnt nearly 50% of the token’s supply, losing $10 million in funds belonging to presale participants. https://t.co/R4rjLUuL8K — Slerf March 18, 2024 The developer also said there is no way to mint the tokens again since the minting authority has been revoked by the token’s contract. This is not a joke I really fucked up and im really sorry. Was a simple mindless misclick when I was in the process of burning the the lp.
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