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DAO Maker has carried out a mighty feat, securing virtually $100 million in a presale for the PUNDU meme coin.
The essential funding contributed within 36 hours displays a pronounced dawdle for food for prime-likelihood ventures within the crypto market. On the change hand, the overwhelming response resulted in an oversubscription, necessitating refunds for contributors who sent funds put up-target attainment.
Solana Meme Cash in High Depend on
DAO Maker unveiled a resounding $97.6 million raised across Binance Tidy Chain and Solana, drawing fortify from over 20,000 customers. PUNDU, launched by the launchpad accurate days within the past, captured investor hobby, with contributions exchanging SOL and USDT for PUNDU allocations.
This success marks a milestone, establishing PUNDU’s presale as the largest for a meme coin. Most deposits originated from Binance Tidy Chain, amassing $60 million. On the change hand, the Solana presale take care of also saw massive task. It bought 212,404 SOL, equal to $37.6 million, surpassing the 33,333 SOL critical cap, highlighting the eager hobby in meme coins within the course of the Solana ecosystem.
While PUNDU awaits its originate date, the meme coin pledges a comely rollout, earmarking 40% of tokens for the presale, one other 40% for liquidity pools, and distributing the final 10% equally between marketing efforts and long-period of time alternate listings.
Be taught more: 6 Only Platforms To Aquire Solana (SOL) in 2024
In response to crypto investigator ZachXBT, Solana presales enjoy raised bigger than 796,000 SOL, equal to spherical $149.20 million. Such mania entreated Solana Labs Co-Founder Anatoly Yakovenko to negate traders to “halt” sending SOL presales.
“To me, it’s accurate a odd reveal, I deem, of of us being terminally online and roughly having nothing better to halt,” Yakovenko stated.
Furthermore, the frenzy surrounding meme coins resulted in the emergence of racist tokens. These meme coins, with offensive names, symbols, and imagery, encompass racial slurs, anti-Semitic references, and Nazi imagery.
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