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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.

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