BlockBeats News, January 23rd, according to GMGN monitoring, the Meme coin DONT issued by DFDV currently has a market value of about $22 million, with a price of about $0.000052, and a 24-hour trading volume of $35.8 million. The largest current holder is the DFDV official wallet, holding approximately 31.6% of the token’s total supply.
DeFi Development (DFDV) is the third-largest treasury company in the Solana ecosystem, with its treasury holding about 2.2 million SOL, valued at around $285 million. The DFDV official team announced at 3 am today that they had destroyed all tokens held by the address targeting the token and used the profits to buy back and burn tokens, resulting in a cumulative destruction of about 5.1% of the total supply in this round, which is the main reason for the token’s second surge in the early morning.
DONT, short for “DisclaimerCoin,” was launched by DFDV on Bonk fun last night. The company explicitly stated in its announcement that DONT has not received any official sponsorship, endorsement, or support, does not have a roadmap, team, actual utility, or any commitments, and is only an experimental project initiated by DFDV. This makes it the first Meme coin created by a publicly listed company.
