Meteora price

🚨Breaking: The Meteora team bought more than 2.26M MET tokens and burned them to remove these tokens from circulation. This was because 4 Kelsier-linked wallets (MELANIA LPs) accidentally received 2.26M tokens. Big W to the team, huge money burned

We have always had the belief that as part of our TGE, no MET should be airdropped into the hands of the bad actors who leveraged on Meteora’s technology to extract from the memecoin community. To achieve this, we worked with third-party teams like @bubblemaps and @rugcheckxyz, as well as built a public community-driven blacklist thanks to the efforts of community members like @dethective to put together a list of ~35,000 addresses that used Meteora, but were likely linked to Kelsier addresses. We thank these parties for their help, and have awarded them with MET bonuses for doing so. We have aggressively zeroed out all such addresses. As a result, none of these wallets were to receive any MET allocations as part of our TGE. At the same time, we did not want any retail users of our community to be prejudiced from the MET airdrop. After receiving feedback from genuine retail users who were included in the blacklist, we necessarily had to embark on a second stage to this process to filter them out of the 35,000 addresses. In doing so, we inadvertently whitelisted 4 addresses which we now know belonged to Kelsier, namely the MELANIA liquidity provider addresses. These addresses were part of the bad actors we never intended to reward through the MET airdrop. We have since been alerted to this inadvertent error through our community, which we are always grateful for, and are resolved to take immediate action to make good on our commitment, and to our community. These wallets received a total of 2,259,760.96 MET, a very small fraction compared to what could have been allocated to the blacklisted addresses. As a corrective measure, we have purchased and burned an equivalent amount of MET to remove these tokens from circulation. TXID: 2TJeLe7ZcWeC1HNBLwEvQYz7MfPs9Z4o3YV1U6nMF5h37vWNZfH6CW4g6a39FpmwWvRrxop63J7teafZbreTFod In the interests of transparency, we would add that the TRUMP coin was launched by a separate team, with no ties to Kelsier or Hayden Davis, and thus received their airdrop (albeit a much smaller one compared to retail users), for their contributions in liquidity and volume to the Meteora platform.

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