🚨🚨🚨 ATTENTION🚨🚨🚨

What's going on with SLERF Token, how did it get $500 million from MarketCap in 3 hours?

What is SLERF?

This is a sloth's memecoin that was launched on the Solana blockchain about 5 hours ago.

What caused the SLERF token to rise so much?

SLERF memecoin exploded after a pre-sale error, reaching a market cap of $500 million in less than 3 hours.

A pre-sales mistake or a marketing strategy? Questions arise due to the fact that SLERF's value is in the midst of extreme volatility due to the chaos they are causing.

What was the mistake that caused all this chaos?

After collecting 10.8 million $ SOL during the pre-sale, the project developer announced that an error caused the liquidity pool (LP) to burn, burning 50% of the#tokensupplyavailable to investors during the pre-sale.

The mistake sparked controversy, with some claiming it was a marketing move. But the dwindling supply fueled a buying frenzy, and SLERF's price rose to $1.60 within three hours.

The coin's market value rose to a staggering $500 million, making it one of the fastest-growing meme coins in history.

Several Exchanges were quick to incorporate this.

Developers of the project claim that the burning of the LP was an accident and he tearfully addressed the 10,000 listeners at Space in X.

Despite the controversy, the first three hours of $SLERF broke records, pushing#SolanaDEXvolume to unprecedented levels.#SLER#HotTrends#SOL🔥🔥🔥🔥 #SolanaMemes