Odaily Planet Daily News NegenTropy Capital partner Billy Wen posted on social media that as one of the largest holders of SLERF, he failed to negotiate with the Slerf development team on CTO (Community Take Over), so he decided to launch FCTO (Fight For CTO) to solve the problem of pre-sale remaining refunds. Influenced by the above remarks, SLERF rose nearly 40% in 24 hours, and the coin price exceeded $0.21.