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Cryptocurrency Ecosystem => Solana Forum => Topic started by: NikeFit_7777 on March 19, 2024, 10:07:46 AM

Title: SLERF developer on Solana burned $10 million in tokens
Post by: NikeFit_7777 on March 19, 2024, 10:07:46 AM
(https://i.ibb.co/k1Bxs35/photo-2024-03-18-11-44-17.jpg)

The developer of the SLERF meme coin on Solana accidentally destroyed 10$ million worth of investors' tokens.

Due to the error, LP tokens and 500 million SLERF tokens intended for airdrop, totaling 50,000 SOL (10$ million), were burned.

The project team acknowledged the error and expressed regret: "Guys, I screwed up. There's nothing I can do to fix it. I'm really sorry," the project's official X account reported.

Nevertheless, that didn't stop SLERF from growing by 940% in the last 24 hours.