Deep Tide TechFlow News, on November 8, according to The Block, well-known cryptocurrency trader Jordan Fish (online name Cobie) announced that he burned 60% of the token supply of the newly launched Solana meme coin UPONLY that was airdropped to him by the Pump.fun platform. According to Cobie, the theoretical value of the burned tokens at that time was about $17 million.
UPONLY is a meme coin issued on the Solana chain with a total supply of 1 billion tokens, of which 60% were airdropped to Cobie, who previously hosted a podcast of the same name. Cobie stated on social media X: 'They issued a meme coin and airdropped some tokens to me, I burned all the tokens I received and asked them not to bother me.'
