Summary
- SafeMoon announced plans to launch a Solana (SOL) based meme coin on February 15.
- The company reported burning 2.2 trillion SFM tokens across Ethereum (ETH), Polygon (POL), and Binance Smart Chain (BSC).
- SFM holders can exchange their tokens for the new meme coin through the VGX wallet.
According to CoinDesk, a cryptocurrency media outlet, on the 14th (local time), cryptocurrency company SafeMoon announced plans to launch a Solana (SOL) based meme coin on February 15 at 1 AM (local time).
The SafeMoon team has burned a total of 2.2 trillion SFM tokens across Ethereum (ETH), Polygon (POL), and Binance Smart Chain (BSC) networks, resulting in the burning of most of the supply on Ethereum and Polygon, and approximately 60% of the supply on Binance Smart Chain.
The team also explained that SFM holders can exchange their tokens for SafeMoon's new meme coin through the VGX wallet.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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