In a recent analysis, it was revealed that approximately $122.5 million, equating to over 655,000 SOL, has been raised from 27 presales on the Solana blockchain within the past week, with the top 10 Solana memecoins by pre-sale raise accounting for 609,337 SOL or $108 million of this total. Notably, the top three projects include one initiated by an artist named smole. Solana co-founders Toly and Anatoly Yakovenko have both expressed concerns over these developments. Toly forwarded a statistical chart by ZachXBT, highlighting the volume of funds raised and expressed a desire to halt such activities. Similarly, Yakovenko advised against sending money to these presales, emphasizing the risks involved.
We’ve collectively sent around 655,000 SOL ($122.5M) to 27 pre sales. What are we doing 😭 https://t.co/x11T0L9aVs
🚨 LATEST: @aeyakovenko, co-founder of @solana, advises against sending money to pre-sales, as revealed by @ZachXBT's chart indicating that nearly 27 pre-sales on Solana have raised over 655,000 $SOL ($122.5 million). https://t.co/xMZPvZHgNi
Solana co-founder Toly forwarded ZachXBT’s statistical chart on the Solana pre-sale project and expressed his hope to stop doing this. Nearly 27 pre-sales on the Solana raised more than 655,000 SOL ($122.5 million). The top three projects are: smole initiated by artist…
The top 10 Solana memecoins (by pre-sale raise) took 609,337 of your SOL That equates to $108 million at the current spot rate https://t.co/RvcuButTwv
NEWS: @zachxbt estimates $122.5M (over 655,000 SOL) has been raised from 27 presales in the past week. https://t.co/WamVOJ2nps