TL;DR
- The price of Slerf has risen dramatically, making it one of the most popular meme coins based on Solana.
- Its prior rise had been accompanied by controversy. This included a developer mistake, which brought to light the risk associated with investing in meme-coins.
Recent market growth has seen the crypto sector return to green, as global market cap reaches $2.8 trillion.
Bitcoin (BTC), and other digital currencies have become popular. rallied SLERF’s ascent is not comparable.
Price of newly-emerged cryptocurrency has surged by over 35% in the last 24 hours, exceeding the $0.80 threshold (according to CoinGecko data).
The fourth largest Solana meme coin, its market cap exceeds $400 million. Top three of this type are dogwifhat(WIF), BOOK OF MEME(BOME), and Bonk Inu(BONK). Today, March 26, all three are still in positive territory.
SLERF’s previous revival allowed traders with a keen eye to generate multi-million dollar profits. CryptoPotato reported In less than 3 days, one investor was able to make $3.5 Million.
SLERF was not only involved in innocent activity, but also suspicious. The developer accidentally released it a week earlier. burned Investors raised $10 million in presale.
It was a good reminder to those who are interested in avoiding some common mistakes when entering the ecosystem to watch our dedicated video below: Watch our video to learn how you can avoid making some of the most common errors when entering this ecosystem.
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Source: cryptopotato.com