Due to an erroneous operation by the founder of the meme currency SLERF in the public chain Solana ecosystem yesterday, he accidentally used 50,000 SOL as liquidity and the tokens for the expected airdrop. All coins are destroyed. This incident sparked widespread discussion in the community, and caused the price of SLERF to surge rapidly due to this disguised deflationary measure.
After SLERF was listed on multiple exchanges last night, the price once climbed close to $1.6, but soon fell sharply to around $0.5, causing many users to be trapped.
SLERF launched a series of manipulation methods, causing the price to rise back to above $1.4 for a time. The trading volume surged by 200% within an hour, and the single-day trading volume reached an astonishing $1.6 billion.
Founder: Open to everyone to donate
This morning, the founders of SLERF announced a plan on The aim is to raise enough funds to return the funds invested by pre-sale participants (SOL), or at least to be able to return part of the funds.
He urged community members to provide trustworthy third-party recommendations, stressing that once implemented, SLERF will become one of the most influential meme coin projects in the crypto market.
Many KOLs and project parties responded with support
Then around noon, major KOLs and projects in the community began to gradually respond to SLERF’s fundraising action and extended a helping hand.
For example, Huobi leader Sun Yuchen announced that he would donate SLERF’s trading income on Huobi to SLERF officials and sponsor some HTX, hoping to help make up for the losses.
Even the well-known artist Beeple also called out SLERF: "The rise of SLERF."
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