Meme SLERF Based on Solana Causes Huge Disappointment, Leads Investors to Lose $775,000
Although the meme token called SLERF has been launched, investors who participated in the pre-sale are currently unable to buy it.
According to Lookonchain, in its post, an investor swept up in FOMO used 5,004 SOL to buy SLERF at a high price of $1.32.
However, as the price continued to drop, the investor panicked and sold all of their SLERF in a frenzy. The result was a loss of $775,000 in just one hour.
