According to a report by Cointelegraph, blockchain detective ZachXBT has shared data showing that at least 12 meme coins, which were pre-sold on the Solana blockchain, have been “completely abandoned” after raising a total of $26.7 million from investors in the past 30 days.
In an article published on Monday (22nd) on the X platform, ZachXBT mentioned 12 Solana meme coin projects that raised funds through controversial pre-sale methods. Several of these projects experienced significant price drops after their launch, and one project even seemed to have not released any tokens at all.
The pre-sale project that raised the most funds and was “abandoned” is called “I Like This Coin” (token: LIKE). Its anonymous founder, pokeee.eth, raised a huge amount of 52,220 SOL (approximately $8.1 million at the current price) for the project. LIKE tokens were launched with a market value of $577 million on March 17th. However, the value of this meme coin quickly plummeted, dropping over 90% within the first 8 hours. Founder pokeee.eth has not mentioned the coin since March 31st.
According to ZachXBT’s statistics, the second-largest abandoned pre-sale project issued a token called MOONKE. Its anonymous founder, RockyXBT, launched it with an estimated valuation of nearly $500 million on March 20th. However, it followed a similar path to LIKE tokens and experienced a drop of over 99% within a few hours.
