SLERF soared and became the new darling of the encryption market, surpassing BOME overnight and becoming a legend

Yesterday, since the day of its initial launch, the price of SLERF tokens surged 62 times, and its market value once reached the edge of US$700 million. Shockingly, this feat was completed in just three hours, easily surpassing BOME’s three-day record. Records, quickly became the focus of the crypto market. After peaking at $1.37, SLERF experienced a rapid pullback, bottoming at $0.35.

However, today, SLERF once again broke through the bottoming trend, and the price surged to a new high of $1.48. Its market value jumped beyond BOME, firmly occupying the eighth place in the market value of Meme coins. On on-chain market platforms such as DEX SCREENER, SLERF occupies the top of the list of popular tokens in multiple trading pools.

The founder urgently launched a rescue operation

The legendary story of SLERF began yesterday. Its founder Slerf disclosed on the sky.

The crazy rise and fall of SLERF tokens is the result of the combination of factors such as its unique "storytelling", huge "capital capacity" and "token security". Even after the price bottomed out, SLERF's popularity remained unabated, with tens of thousands of people participating in the Space held by Slerf. Some people even made fake news on the Internet that "SEC established a task force to investigate the SLERF incident", causing the SLERF token to be labeled as a prison concept stock on the X platform. Faced with various difficulties, founder Slerf laughed at himself: "I need a lawyer, but SLERF will last forever, and pre-sale participants will not be forgotten."

SLERF founder launches redemption plan: fundraising refunds to pre-sale participants

At 5 a.m. Beijing time today, Slerf, the founder of the SLERF project, launched a redemption operation for pre-sale participants. He issued a statement through the Immediately afterwards, Slerf announced that LBank will serve as the first donor and donation address manager of the plan, encouraging users to contribute to the donation wallet, and the funds raised will be used to compensate pre-sale participants. So far, the donation address has successfully collected 2,385 SOL and some other sporadic tokens.

SLERF revives, community pulls together

In addition to the donation initiative initiated by the founder of the SLERF project, many well-known figures on the X platform and many exchanges have also expressed their concern and support for SLERF activities.

Andrew Kang, co-founder of Mechanism Capital, shared his views on the

SLERF’s story resonates with the community: big names in the crypto industry support it

Against the background of SLERF's magnificent story, many crypto industry celebrities, including the well-known crypto artist beeple and the founder of Floor Protocol, participated in spreading the legendary experience of SLERF early this morning.

This morning, major cryptocurrency exchanges also began to join the ranks of supporting SLERF. According to Slerf’s repost timeline on the Subsequently, Jupiter’s founder meow, XT.COM, Bitget, etc. also announced that they would donate the handling fees of SLERF transactions to the community.

in conclusion

On-chain analyst ZachXBT made statistics on the recent 27 pre-sale Meme coin projects in the Solana ecosystem, and a total of more than 655,000 SOL was raised. Among them, many projects have not yet been launched, and the amount raised by some projects even far exceeds SLERF. However, in terms of narrative, SLERF’s unique story is hard to beat. Through the fermentation of its narrative, SLERF has the potential to break BOME's record and create a new milestone.