TechFlow News, November 8 — According to The Block, well-known crypto trader Jordan Fish (online alias Cobie) announced on November 8 that he burned 60% of the UPONLY token allocation airdropped to him from Pump.fun's newly launched Solana-based meme coin. Cobie revealed that the burned tokens had a theoretical value of approximately $17 million at the time.
UPONLY is a meme coin issued on the Solana blockchain with a total supply of one billion tokens, 60% of which were airdropped to Cobie, who previously hosted a cryptocurrency podcast of the same name. Cobie stated on social media platform X: "They launched a meme coin and airdropped me some tokens. I burned all of them and told them not to bother me again."
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