Summary
TLDR: A Solana developer accidentally burned $10 million worth of pre-sale tokens for a meme coin called Slerf after raising funds anonymously on Twitter. Despite the mishap, Slerf hit $2 billion in volume and gained 74,000 holders within its first 12 hours. Burning liquidity pool tokens is seen as bullish in the meme coin world, and despite the mistake, traders still aped into Slerf. The dev took responsibility for the error and the coin has already been listed on centralized exchanges.
Key Points
1. A Solana developer accidentally burned $10 million worth of pre-sale tokens for a meme coin called Slerf (SLERF) after raising funds anonymously on Twitter.
2. Despite the mishap, Slerf managed to reach $2 billion in volume and attract around 74,000 total holders within its first 12 hours of being live.
3. Burning liquidity pool (LP) tokens is seen as a bullish catalyst in the meme coin world, as it prevents developers from pulling liquidity and can generate interest from traders.