Memecoin

SLERF

Slerf, a sloth-themed memecoin on Solana, appears set to establish its own decentralized organization to guide its development path. 
<a href="https://crypto.news/tag/memecoin/" target="_blank" rel="">Memecoin</a> creator <a href="https://crypto.news/tag/slerf/" target="_blank" rel="">Slerf</a>, who “accidentally” burned nearly $11 million worth of tokens, <a href="https://x.com/Slerfsol/status/1802158183642751137" target="_blank" rel="">has unveiled plans</a> to establish a community board and a decentralized autonomous organization (<a href="https://crypto.news/tag/dao/" target="_blank" rel="">DAO</a>) for the SLERF token and NFT holders on the <a href="https://crypto.news/tag/solana/" target="_blank" rel="">Solana</a> blockchain. 
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 We're developing a Community Board and DAO for <a href="https://twitter.com/search?q=%24SLERF&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$SLERF</a> and <a href="https://twitter.com/SlerfCapital?ref_src=twsrc%5Etfw" target="_blank" rel="">@slerfcapital</a> with our NFT holders. This will empower our community with more control and decision-making power over one of the biggest memecoins on Solana. Stay tuned, a lot needs to happen before implementation. <a href="https://t.co/Vk0LZJs8Xj" target="_blank" rel="">pic.twitter.com/Vk0LZJs8Xj</a>— Slerf (@Slerfsol) <a href="https://twitter.com/Slerfsol/status/1802158183642751137?ref_src=twsrc%5Etfw" target="_blank" rel="">June 16, 2024</a>
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In an X post on Jun. 16, the memecoin developer said the initiative aims to empower the community by granting “more control and decision-making power” over the project. 
 You might also like: <a href="https://crypto.news/slerf-creator-burns-10m-raised-from-investors-due-to-mindless-misclick/" rel=""> Slerf creator burns $10m raised from investors due to ‘mindless misclick’ </a> 
While specific details weren’t disclosed, the anonymous developer noted that the community board will feature influential figures from both English and Chinese communities in a move expected to foster broader community engagement and governance within the Slerf ecosystem. 
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Despite the announcement, SLERF is trading down 8% at $0.28, according to CoinMarketCap data. 
Slerf quickly gained popularity in the crypto community after its anonymous founder <a href="https://crypto.news/slerf-creator-burns-10m-raised-from-investors-due-to-mindless-misclick/" target="_blank" rel="">mistakenly burned</a> nearly $11 million worth of liquidity raised in a so-called presale. 
The unexpected turn of events didn’t stop speculators from purchasing the token, <a href="https://crypto.news/slerf-trading-volume-meme-coin/" target="_blank" rel="">pumping</a> it by over 4,000% in a matter of few hours after its trading debut. In response to the incident, several crypto exchanges, including HTX, Bitget, and BingX, <a href="https://crypto.news/htx-bitget-to-donate-trading-fees-to-slerf-community-after-10m-incident/" target="_blank" rel="">pledged</a> to contribute trading fees to support the Slerf community. 
 Read more: <a href="https://crypto.news/slerf-meme-coin-presale-mishap/" rel=""> Memecoin Slerf is making millionaires despite presale mishap </a>

Slerf memecoin creator teases new DAO for token holders

crypto.news

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