ALME Total Refunds $2.741 Million

Sona59

In the evolution of cryptocurrencies, memes have evolved from mere expressions of humor on the internet to unique cultural symbols, even carving out a niche in the blockchain financial market. As Elon Musk pointed out, "Whoever controls the meme controls the world," a statement that has been fully demonstrated in the field of memes. Recently, with the recovery of the crypto market, speculators have been searching for the next opportunity for wealth accumulation. Meme coins have attracted widespread attention due to their unique cultural appeal and potential for high returns, making meme coins on various public chain networks the focus of speculation. In this frenzy, $ALME, the first ecological meme project of the ALITA ecosystem, unexpectedly became the center of attention on the BSC chain due to a technical mishap almost as egregious as $SLERF's.

On the evening of March 27 at 9:00 PM (UTC+8), the launch of the ALME/BNB token was supposed to be a milestone event in the ALITA ecosystem, as it was the first meme token in the ALITA ecosystem and attracted significant investor attention. However, due to an unfortunate technical mishap, all pre-distributed presale tokens worth 3000 BNB were accidentally locked, effectively "destroying" 50% of the tokens instantaneously and rendering them unable to be unlocked. This incident not only resulted in direct financial losses for investors but, more importantly, tested the trust and stability of the ALITA ecosystem.

In the face of this challenge, the ALITA Foundation took a series of decisive measures to fully compensate investors for their losses and rebuild confidence in the ecosystem. Firstly, the foundation pledged to fully compensate affected investors, including the 3,000 BNB distributed during the presale period and the wallet addresses affected by the opening kill block. As of March 29, the foundation has completed refunds for 5126 wallet addresses, totaling 4530.6 BNB (approximately $2.741 million). Despite the significant workload of verifying data, the remaining compensation work is still ongoing. This action fully demonstrates the ALITA Foundation's commitment to investors and its long-term dedication to the stability and prosperity of the ecosystem.

In addition to refund compensation, the ALITA Foundation also announced that it has reserved sufficient funds for subsequent marketing activities for $ALME. The purpose of these activities is to provide more stable liquidity support and an excellent trading experience to ensure the continuous prosperity and expansion of the community. Through these efforts, the ALITA Foundation hopes to not only restore investor confidence in $ALME but also further enhance trust in the entire ALITA ecosystem.

To prevent similar technical errors in the future, the ALITA Foundation has also comprehensively optimized its technical and management processes. This includes strengthening internal audits, enhancing technical security standards, and implementing stricter code review processes. At the same time, the foundation specifically warns investors to beware of scam projects with the same name as $ALME on the market and to identify the ALME contract suffix as d0f7f7912b to avoid investment losses.

After a series of remedial measures and efforts, the circulating market value of $ALME has rapidly rebounded to $16.3 million, with the number of holding addresses increasing to 28,700, an increase of 150% from the previous low point. This achievement not only demonstrates the ALITA Foundation's strong adaptability and commitment to the community but also proves the unique appeal and potential of $ALME.

In the end, through this series of measures, the ALITA Foundation has not only reshaped investor confidence in itself but also strengthened the steady development of the entire ecosystem. The story of meme coins will continue, but the $ALME incident has undoubtedly left a deep mark on the cryptocurrency market, demonstrating how the ALITA Foundation has grown in challenges and ultimately won the support and recognition of the community.

Ritu77

With confidence, development becomes possible.

Samiksha

It's alright, I'm using this wallet now too.

Kamal531

It's still necessary to choose a wallet with strength for transactions.