Over $122 million has been raised for 27 totally different Solana-based initiatives’ presales within the final week, in line with a latest investigation from blockchain sleuth ZachXBT.
ZachXBT says that since March 12, greater than 655,000 SOL price about $122.5 million has been raised for numerous presales.
Says the on-chain analyst,
“I used to be to see how a lot SOL has been despatched because of the presale meta and calculated >655,000 SOL ($122.5 million) raised from 27 presales…
To place this much more into perspective for individuals not following crypto these presales have all occurred since March 12.
That is solely counting presales on Solana and the quantity is excluding presales taking place on different chains (Ethereum, BSC, Base, and so on)”
One of many initiatives, SLERF, lost $10 million price of its presale tokens reserved for an airdrop after it skyrocketed to a $620 million market cap hours after launching.
Seeing ZachXBT’s publish on the social media platform X, Solana co-founder Anatoly Yakovenko re-posted it, issuing a warning.
Says Yakovenko,
“Cease doing this.”
Earlier, ZachXBT additionally warned of another person who allegedly ran off with six figures price of SOL after a presale increase.
Solana has seen a burst of activity in latest weeks, largely resulting from a collection of memecoin launches and rallies, with Solana-based decentralized exchanges (DEXes) doing document quantity.
At time of writing, Solana is buying and selling at $181.
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