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Solana pre-sale meme coin founders abandon their crashing projects

Solana meme coin founders are abandoning their projects, leaving pre-sale buyers with nothing but a cute ticker symbol.

Weeks after Solana’s meme coin peak, crowdsales continue on Base

The launch of a new meme coin ‘FOMO’ on Coinbase’s Ethereum layer 2, Base, shows many are still willing to throw money at dubious projects.

The error seemed to draw plenty of attention and, with no presale holders to dump on them, memecoin-hungry traders aped in SLERF.

The Hostage Dev project says it will kill the pretend hostage unless its token pumps to a market cap of $1 million.

In an incident report issued on Tuesday, Solana confirmed that “Engineers from across the ecosystem” were investigating an outage.