Solana Meme Coin PAIN Offers Shocking 80% Refund for Pre-sale Investors

2 mins mins

05 February 2025, 14:07:05 GMT +0000

Solana Meme Coin PAIN Offers Shocking 80% Refund for Pre-sale Investors

Key Points:

PAIN sets a new record for the highest dollar value of a meme coin pre-sale on the Solana chain.
The PAIN team announces an 80% refund to pre-sale backers.
Refunds will be proportional to SOL invested, excluding specific addresses and funds after block 318346069.

Meme coin PAIN, the official coin inspired by the viral “Hide the Pain Harold” meme, has made headlines by raising an astonishing 185,976 SOL in just 48 hours, setting a new record for the highest dollar value of a meme coin pre-sale in the history of the Solana blockchain.

Meme Coin PAIN Sets Record for Pre-sale Funds Raised

Meme coin PAIN’s purpose is to reflect the theme of pain rather than boost investor returns. In a move that has shocked the crypto community, the PAIN team announced that it will refund 80% of the pre-sale funds to investors. This generous decision aims to minimize potential losses, leaving only 20% of the funds to cover liquidity, listing fees, and other operational costs.

Dear People in Pain,

Thanks for the overwhelming support! We are painfully happy to share that we have raised 185,976 $SOL in 48 hours—more than any other memecoin presales in USD value.

But there is no way that we need so much to launch $PAIN.$PAIN is the official memecoin… pic.twitter.com/NKe0oHAamb
— PAIN (@pain) February 5, 2025

Refund Distribution Plan for Meme Coin PAIN Explained

The refund distribution will be proportional to the amount of SOL invested by each user. However, certain funds will be excluded from the refund process. Specifically, the robot address holding 0.9 SOL and funds of 212.3 SOL from centralized exchanges (CEX) will not be included. Additionally, all funds sent after block 318346069 will also be refunded in full.

Refunding investors is considered a unique approach in the meme coin PAIN space, where unpredictable volatility often leads to significant losses. Meme coin PAIN’s decision may not only alleviate investor pain but also set a new precedent for transparency and responsibility in the crypto industry. As the meme coin market grows, PAIN’s record-breaking pre-sale and refund initiatives have drawn significant attention, challenging the traditional meme coin narrative.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.