HTX, Bitget, and BingX have pledged to donate buying and selling charges to assist the Slerf group after the nameless meme coin developer by accident burned $10 million in presale funds.
Crypto exchanges HTX (previously Huobi), Bitget, and BingX have introduced their dedication to donate proceeds generated from buying and selling actions involving the Slerf token to buyers who took half in non-public gross sales however suffered losses because of the unintentional burning of a good portion of the token provide by the undertaking’s developer.
In an X announcement on Mar. 19, crypto mogul Justin Solar stated that HTX will allocate buying and selling charges to “everybody who participated in non-public sale on HTX,” including that the trade will even donate some HTX for Slerf’s buying and selling payment mining on its platform with out elaborating on the matter additional.
Shortly after Solar’s announcement, Bitget’s managing director, Gracy Chen, additionally shared in a social media publish that Bitget would donate all SLERF buying and selling charges to the Slerf group, significantly aiding these concerned within the presale. Chen indicated that Bitget would disclose the donation particulars on a weekly foundation.
Equally, Singapore-headquartered BingX additionally introduced its intention to donate buying and selling charges generated from customers’ SLERF spot trades. Moreover, the trade plans to airdrop future BingX World Debut tokens to addresses that participated within the Slerf non-public sale however didn’t obtain SLERF tokens.
Different crypto corporations like LBank additionally pledged to assist Slerf because the meme coin’s capitalization rose to $612 million, making it the eighth largest meme coin when it comes to market worth. Crypto trade MEXC, which was among the many first centralized buying and selling platforms to listing SLERF following the craze, hasn’t introduced any plans to donate funds to the Slerf group as of press time.
The most recent growth follows the information that the nameless developer of Slerf by accident burned $10 million in SOL tokens raised from presale buyers. It was later revealed that the developer had allegedly additionally pledged $200,000 in SOL tokens to the undertaking earlier than by accident burning the funds. Regardless of the incident, market speculators aggressively pumped the token, driving in a second its worth up by over 5,000%, sending its worth above the $1 mark.