The developer of the Slerf memecoin inadvertently burned both the liquidity pool and the 500 million tokens designated for pre-sale participants in a botched launch today. The project had successfully raised over $10 million during its pre-sale.

Over the weekend, the project was one of the numerous Solana-based memecoins that had attracted millions from crypto enthusiasts through pre-sale initiatives.

During this period, Dekadente, an unknown NFT artist, raised over $30 million worth of SOL in the pre-sale of a memecoin called Smole. Likewise, another NFT artist named Kero amassed over $10 million for their memecoin, NAP.

Crypto researcher 0xGumshoe revealed that the community had collectively invested approximately $100 million in Solana memecoin pre-sales.

Furthermore, the memecoin frenzy propelled Solana decentralized exchange volumes to record highs, and the popularity of the blockchain on Google has now surpassed that of Ethereum.

$SOL $BTC $ETH #HotTrends #BOME