The pre-sale project on Solana raised 25 million dollars, but more than 50% of the hot projects were abandoned

The pre-sale of memecoin on Solana attracted investors to invest more than $25 million in the past month, however more than 50% of the hot projects were abandoned, some of which never even issued tokens. Solana co-founder Anatoly Yakovenko maintained a negative attitude towards the phenomenon. At the time, Yakovenko urged users to stop investing in the memecoin pre-sale, after which he shared an image of the first 22 projects that raised more than $100 million.
Of the 22 projects, ZachXBT revealed that 12 of them had been abandoned after a month. Among the abandoned projects were LIKE, MOONKE, FROG, TEMPLE and SORRY, which raised more than $2 million. Other projects raised amounts ranging from $1.40 million to $180,000, while X user @Jared_eth raised about $800,000 without issuing tokens. Notably, @Jared_eth account was listed as stolen by the web3 security platform Pocket Universe.