The Solana meme coins SOL value over $ 200, while interesting things happened in the meme token called SLERF, which was released in the night hours. Developers accidentally burned tokens created with funds from the pre-investor group, which were held for both the team and the airdrop.

Developer: I ruined everything

While $10 million token disappeared, the project’s lead developer tweeted from the project account, “Friends, I ruined everything.” Stating that the new token creation system was also disabled, the developer noted that this could not be done. Space was broadcast on X, and another developer said that he felt very bad and had to leave the broadcast because he was sick to his stomach.

This fault means that investors participating in the pre-sale will not be able to receive airdrops.

The whales went crazy: $3 million in 12 minutes

According to the information provided by on-chain tracking platform Lookonchain, a whale bought 69.7 million SLERF with Solana worth $2 million. 12 minutes after the purchase, he sold for 25 thousand SOL. The whale received about $5 million in 12 minutes and made a profit of $3 million.

The first coin the whale bought was SLERF

Again, according to an information provided by Lookonchain, another whale managed to buy the SLERF token at $0.35. From this wallet, it was noteworthy that a cryptocurrency was purchased for the first time. Holding close to 160 thousand SOL, this account bought 1.7 million SLERF and spent a total of $600 thousand (3 thousand SOL).

Exchanges were not indifferent to this interest. Known exchanges such as Bybit, HTX, BingX, Bitget and MEXC added SLERF to their platforms in a short time.