The most striking thing about the rise in the past months is altcoins undoubtedly among Solana (LEFT) based mem tokens were included.
While SOL-based mem tokens attracted great interest among all investors, mostly whales, they brought millions of dollars to investors who bought and sold from the right place with tremendous price increases.
However, Solana-based mem tokens are not gaining the same attention as before and continue to lose momentum. At this point popular data provider ZachXBT has shed light on the alarming situation in SOL-based meme tokens, revealing the extent of losses suffered by investors.
ZachXBT warns investors in its X post: told:
“Only 1 month has passed and 12 of the Solana presale meme tokens have been completely abandoned after collecting more than 180,650 SOL ($26.7 million).
“Projects initiated by these founders in the future will be avoided.”
At this point, ZachXBT advised investors to be careful and do due diligence before participating in such mem token projects, while noting that such projects have a high risk of being a rug pull. Because previously, Solana-based Slerf (SLERF) Approximately 11 million dollars collected in the pre-sale of the mem token evaporated.
*This is not investment advice.
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