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Information about SLERF (SLERF)
SLERF is a Solana-based meme coin featuring an image of a drooling sloth. It was designed to bring humor and liquidity to the Solana ecosystem. Despite a mishap during its launch, where $10 million worth of tokens were accidentally burned, SLERF’s market capitalization surged to an all-time high of $750 million, making it the fourth-biggest Solana-based meme coin. The token experienced significant price volatility, with a 1,610% increase from its initial price and a subsequent decline before reaching a new all-time high.
SLERF is a cryptocurrency that operates on the Solana blockchain. It is primarily used for trading and speculation, leveraging its meme coin status and community backing to drive market activity
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According to Lookonchain, an investor withdrew 1 million USDC from Coinbase 10 hours ago, then spent 1,034,743 USDC to buy 2.52 million SLERF at $0.41 in a single transaction.
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