Rekt - Slerf - Rekt

The SLERF meme coin on Solana fell into chaos after its developer accidentally burned about $10M in funds while trying to burn the liquidity pool and airdrop tokens. The Bozo Collective first marketed the project on March 16th, and it had been pitched as 50% LP, 50% presale with no team tokens. The developer's attempts using Solana Tools Vercel failed, and then the tokens were mistakenly burned along with other coins in the wallet when using Sol Incen. Despite the error, the article reports SLERF reached $2B in 24-hour trade volume, and one trader reportedly turned $1.9M into $5M in 12 minutes.