An anonymous AI-driven project on the Solana blockchain quickly garnered over $33 million in Solana (SOL) tokens during its presale, all within a strikingly brief timeframe of less than an hour.
@dexter_cap announced this project in an X post, unveiling a 24-hour presale event for early investors.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
Proof of Work vs Proof of Stake: Which is Better? (ANIMATED)
Dexter didn't provide many details about the project, which sparked intense curiosity and speculation.
This strategic ambiguity, however, did not deter investors; within just 50 minutes of the announcement, the project's presale address had received a staggering 159,300 SOL, equivalent to over $33 million at the time of receipt.
The influx of funds was propelled by the fact that investors were offered a bonus ratio of tokens for participating early within the 24-hour window, thereby rewarding those who contributed quicker a greater number of tokens for each SOL invested.
The fundraising was capped at $30 million, and Dexter asked people to stop sending tokens once the goal was reached.
The remarkable presale success of this project not only highlights the significant investor appetite for innovative technologies but also reflects broader market dynamics characterized by speculative optimism.
Solana enthusiasts have also recently raised $702,000 in donations to project the Solana-based memecoin Dogwifhat (WIF) onto the Las Vegas sphere.
