Meme coin Slerf is making millionaires despite presale mishap
After launching with a botched presale, one other Solana meme coin, Slerf, rallied over 1,500% immediately.
The meme coin frenzy continues dictating the bull market, with new tokens attracting notable each day buying and selling actions. Though main meme cash like Dogecoin and Shiba Inu are seeing liquidations, the newest Solana-based meme cash are seeing huge influx, driving costs increased inside hours of launch.
Final week, the E book of Meme (BOME) token made the headlines after rallying over 20,000% in 4 days. A number of traders made five-figure income with minimal investments. This week, one other Solana meme coin, SLERF, is experiencing an identical pattern.
Lookonchain mentioned Solana whales cashed in on Slerf when it opened buying and selling earlier immediately. One whale invested $1.98 million within the token and made $3 million in income inside 12 minutes of buying and selling. One other Solana whale, who by no means bought tokens, invested $606,000 in Slerf.
Given its reputation and demand, Slerf was instantly listed by a number of main exchanges, together with HTX, formally Huobi, and Bitget. Bybit additionally posted on social media, asking its group whether or not to listing the trending token.
Slerf’s hype continues regardless of its botched presale earlier immediately. The token’s developer by chance burned its whole liquidity pool of $10 million in SOL tokens raised from presale traders. Since then, the developer has launched a bonus presale spherical.
