Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Solana's pre-sale project attracted $25 million in investment, but more than 50% of the hot projects were abandoned

Solana's pre-sale project attracted $25 million in investment, but more than 50% of the hot projects were abandoned

CointimeCointime2024/04/23 09:16
By:Cointime

Memecoins pre-sold on Solana have attracted investments of over $25 million in the past month. However, over 50% of the hot projects have been abandoned, with some not even issuing tokens. Solana co-founder Anatoly Yakovenko expressed a negative attitude towards this phenomenon. At the time, Yakovenko urged users to stop investing in memecoin pre-sales, and then shared a picture of the first 22 projects that raised over $100 million. Among these 22 projects, ZachXBT revealed that 12 had been abandoned after one month. The abandoned projects include LIKE, MOONKE, FROG, TEMPLE, and SORRY, which raised over $2 million. Other projects raised amounts ranging from $1.4 million to $180,000, and user X @Jared_eth raised approximately $800,000 but did not issue tokens. It is worth noting that @Jared_eth's account is listed as stolen by the web3 security platform Pocket Universe.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model

Cryptocurrency analysis company Alphractal has predicted how high the Bitcoin price will continue to grow.

Bitcoinsistemi2024/11/18 02:44

Prominent Analyst Responds to “Dogecoin Can’t Go Any Higher” Rumors – Sets Price Target

Cryptocurrency analyst Ali Martinez evaluated the Dogecoin price in his statement and gave a price target.

Bitcoinsistemi2024/11/18 02:44

What to Expect in the Cryptocurrency Market in the New Week? Analysis Company Commented

The cryptocurrency analytics company has shared an analysis explaining its outlook for the new week. Here are all the details.

Bitcoinsistemi2024/11/18 02:44

Watch Out: 25 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List

The cryptocurrency market is preparing for a large amount of token unlocking in many altcoins in the new week. Here is the full list.

Bitcoinsistemi2024/11/18 02:44