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.