Yikes! SLERF has raised 50,000 SOL But Founder Burns All Tokens by Mistake
So, remember that crazy popular meme coin BOME on Solana? Yeah, well, it seems like everyone and their dog wanted to jump on the meme coin bandwagon. A new project called SLERF just raised a ton of money (like, $10 million worth!) from excited investors.
But here's the kicker: the founder of SLERF totally messed up! Apparently, while trying to get rid of some of the money they raised, they accidentally burn all tokens in the liquidity pool (LP), airdrop-specific tokens, and native coins.
The founder feels awful about it, of course, and is saying sorry left and right. But guess what? They don't have enough cash to pay everyone back (yikes!).
Unsurprisingly, people who invested in SLERF are pretty mad. Some are calling the founder names, while others are worried about fake websites pretending to be SLERF and tricking people into clicking on bad links. To clear things up, the SLERF team is planning a live stream to explain what happened.
Oh, and here's a weird twist: even though half the coins are gone, the price of the remaining ones actually went up! Crazy, right? Just remember, don't click on any suspicious links related to SLERF, or you might get scammed!