Taiwanese singer raises 195,000 Solana worth $36M 

A new one was added to the celebrities who issued memecoin on the Solana network and collected SOL tokens for pre-sale. Taiwanese singer Jeffrey Huang raised about $36 million worth of SOL for his memecoin called Bobaoppa.

Taiwanese singer raises 195,000 Solana worth $36M 

Taiwanese famous singer Jeffrey Huang was added to the people who issued memecoin on the Solana network and then pre-sold to distribute tokens to users as airdrops. Huang collected 195,000 SOLs worth $36 million.

Despite all the discussions…

Huang, who was also revealed by blockchain analyst ZachXBT to have launched many ICOs in 2022 and often manipulated them with sharp rises and falls, managed to raise a large sum despite all these discussions, criticisms and failures.

Taking advantage of the memecoin craze in cryptocurrencies, Huang obtained 195,000 SOL tokens. Huang will launch a token called Bobaoppa.

The Taiwanese singer, who has been in the music industry since the 90s, had previously purchased Bored Ape Yacht Club NFTs.

According to ZachXBT, Huang also managed to raise funds in projects such as Mithril, Formosa, Machi X, Cream Finance and Mith Cash in 2022 and was widely discussed.

The new trend in Solana is to launch memecoin…

As it is known, the memecoin fury on the Solana network actually started with BONK in October. The price increase seen in BONK paved the way for the issuance of many new memecoins and the business turned into a complete frenzy.

In recent weeks, some people, including Turkish crypto investors, demanded SOL tokens from their followers on social media with the promise of launching memecoin and again managed to collect serious amounts.

The thoughts of “maybe he’ll send an airdrop”…

The logic of the user here is that the person who will launch new memecoin in return for the SOL tokens sent is the idea of airdropping to investors participating in the pre-sale… Users who will airdrop the new memecoin are acting with the idea of doubling their profits with the possibility of increasing the price.

Although there are many correct examples of this, there are also many people who empty the pool or do not fulfil their promises.

Recently, a Turkish crypto investor said he wanted to buy a new car and was successful in collecting $ 50,000 SOL. Although this person did not even promise an airdrop, followers sent SOL tokens to this person with the thought of “Maybe he will send airdrop”.

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