AI Pool's first meme coin METAV opens up 4x! But the faces of the major investors turned green
The first meme coin project, METAVERSE (METAV), which was publicly presold by AI Pool, completed its fundraising campaign this week and raised over 35000 SOLs. It was launched this morning, with a price of $0.071 at the time of writing and a market value of $71 million.
Based on a SOL price of $200, the pre-sale cost for each METAV token is approximately $0.01824. Based on the current price of $0.071, pre-sale investors have made a profit of approximately 3.95 times. However, there are still some participating addresses that have not yet received token distribution, and it is expected to be completed by tomorrow at the latest.
METAVERSE(METAV) The unique feature of AI Pool is that it is a fully AI based meme coin that is independently issued and managed. From fund receipt, token contracts to liquidity management, all of AI Pool's development is completed through the ELIZA framework of AI16z.
According to the fundraising regulations of METAVERSE (METAV), the limit for participants is 1-10 SOL. Any transfer below 1 SOL, exceeding 10 SOL, or later than the deadline will be considered a "mandatory donation".
However, due to METAVERSE (METAV) being the first token issued by AI Pool and its high popularity, coupled with the fact that the founder's account seemed to have been frozen by the platform due to publicly raising funds for meme coins through pre-sale articles on X, many participants invested large amounts of money in pre-sales without understanding the rules, resulting in irreparable losses.
According to the information compiled by on chain analyst @ ai_9684xtpa, the first three payment addresses during the pre-sale stage invested 574 SOL, 200 SOL, and 200 SOL respectively, but according to regulations, only 10 SOL equivalent METAV tokens (approximately 109628) were received in the end.