Slerf is raising funds to pay compensation to presale participants

Slerf project team announced on raising funds to compensate for the losses of presale participants. The custodian will be the LBank crypto exchange.

“The Slerf team does not have access to this wallet, so the funds are completely safe. This is not a pre-sale, but a collection of donations to support those whose deposits were burned,” the publication says.

HTX crypto exchange advisor Justin Sun notedthat the platform will join the initiative. The platform will donate all income received in the form of commissions from trading Slerf tokens (SLERF).

Funds will be distributed among participants in the private sale on HTX Global. In addition, the exchange will allocate an unspecified number of HTX tokens (HTX) to stimulate trading activity and, as a result, increase fees.

Representatives of the companies also announced a similar decision Bitget And BingX.

Against the backdrop of the news, the SLERF rate jumped to $1.3 at the moment, but then the price rolled back. When writing the material, the asset is trading at $0.9 according to CoinGecko. The daily increase is 11.4%.

On March 18, 2024, the memcoin developer announced that he had burned the token’s liquidity pool, thereby depriving presale participants of rewards. At the same time, the project team managed to raise about $10 million before releasing the token.


Source: Cryptocurrency

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