The 12 now-defunct projects raised a total of $26.7 million by way of a controversial fundraising method known as a presale.
At least 12 Solana presale memecoins have been “completely abandoned” in the last 30 days after raising a combined $26.7 million from investors, according to figures shared by independent blockchain sleuth ZachXBT.
In an April 21 post to X, ZachXBT highlighted 12 Solana memecoin projects that raised funds through the controversial presale method, many of which have since plunged significantly since launch, and one which appears not to have launched any token at all.
According to ZachXBT, the most costly “abandoned” presale project was a memecoin dubbed ‘I like this coin’ which sported the ticker LIKE.
