Solana’s (SOL) founder Anatoly Yakovenko called for an end to the meme coin frenzy in the ecosystem.
Anatoly Yakovenko caught attention with a March 19 meme coin post. Quoting a post by blockchain detective ZachXBT about how much experimental meme coins have raised, Anatoly Yakovenko called on people to stop doing this.
The presented table showed that 27 pre-sales for meme coin projects raised 122.5 million dollars worth of 655,000 SOL in a short time. Among the projects that raised the most SOL were the meme coins initiated by digital artist 0xDekadente, the meme coin produced by Whales Market founder Dexter_Cap, and SLERF.
Starting with the trend of “send me SOL for meme coin in return,” this new craze quickly made some investors millionaires while causing serious losses for others. The first project of this craze was BOME.
