Summary
TLDR: Solana decentralized exchange Jupiter helped Sloth-themed Slerf meme coin presale buyers who lost funds due to a developer error by donating fees. The frenzy over Solana meme coins, driven by success stories like Dogwifhat, has raised concerns about the safety of presales. LBank also donated to help SLERF presale buyers and is now their custodian.
Key Points
1. Solana decentralized exchange Jupiter swiftly took action to assist Sloth-themed Slerf meme coin presale buyers who suffered losses when $10 million worth of funds were accidentally burned.
2. LBank, another Solana exchange, also stepped in to help the affected presale buyers by making donations to compensate for their losses and becoming the custodian for others.
3. The incident involving SLERF and other Solana meme coin presales highlights the growing trend of investors seeking high returns from new token launches, fueled by the success of coins like Dogwifhat, which saw a significant increase in value shortly after its launch.