The post SLERF’s Surge Over Significant Token Burn: Accidental or Intentional? appeared first on Coinpedia Fintech News
The launch of the SLERF meme coin has stirred up controversy as the developer claims of accidentally burning a substantial 53,000 pre-sale allocation of Solana (SOL) tokens, raising eyebrows and questioning its authenticity. It claimed that all LP and airdrop tokens were burned due to careless operation, which followed a surge in trading volume of over $2 billion. SLERF’s market value has surpassed BOME, becoming the eighth largest MEMECOIN, with a market value of US$612 million. Slerf developer has ruled out deliberate wrongdoing. However, doubts prevail over the authenticity of the explanation