According to CryptoPotato, ZachXBT revealed that in the past month, 12 Solana pre-sale Meme coin projects have been "completely abandoned". These projects have raised a total of $26.7 million in investment before this. ZachXBT named these projects in an article on April 21 and warned investors to avoid any association with any future projects of these founders. These projects suffered a decline shortly after their launch, and some even failed to release actual tokens.

The 'LIKE' project led in terms of funds raised, raising 52,220 Solana (SOL), equivalent to $7.7 million at current market prices. However, the coin's value fell by more than 90% in the first eight hours of trading.

Additionally, the official X account of the Meme coin founder has not posted anything new since March 31, and pokeee.eth has not given any updates about the token. Following closely behind was another Meme coin, MOONKE, launched by an anonymous figure RockyXBT, which lost more than 99% of its value shortly after entering the market despite an initial valuation of nearly $500 million. Another project launched by founder Jared_eth raised 4,567 SOL, worth about $812,000, but failed to materialize as no tokens were issued.