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Life Candlestick Chart Project Founder Clarifies Non-issuance of Meme Coin, Related Token Unrelated to the Project
BlockBeats News, January 13th, Life K Line project founder 0xSakura Sakura (@0xsakura666) posted, stating, "The Life K Line project has successfully launched. However, the token is indeed unrelated to the product, and these tokens were not issued by me. The donations received are used to pay for servers, APIs, and the operational team's salaries. As for the official foundation, I am considering destroying 50% of the donations received, and donating the remaining 50% to Giggle. Regarding the BNB transaction tax from the previous tokens given, not much has been used, so it can all be donated to the foundation, entirely to Giggle.
Regarding the tokens accepted as donations, the plan is actually to announce them after the product goes live. Secondly, considering that donating certain tokens to Giggle (which may have high control-air coins continuously brushing merits) may not be appropriate, as only converting to BNB would have practical benefits. Selling off to suppress the price would also be detrimental to the community. So I am still considering whether to only accept BNB or only accept BSC tokens listed on Alpha/Aster. Therefore, no announcement will be made tonight.
Regarding NFTs, those who donate will have the opportunity to receive a permanent access to all premium versions of the Life K Line, symbolizing the goodwill of the donation and witnessing the merits, similar to a donation certificate, and cannot be resold."
According to GMGN market data, the BSC ecosystem's Chinese Meme coin "Life K Line" currently has a market value of $8.66 million, a 24-hour price decrease of 56.5%, and a 24-hour trading volume of $25.85 million.
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