According to ChainCatcher news, Mario Nawfal, the founder and CEO of Dubai-based venture capital firm IBC Group, posted on X that to support the MARIO MEME token, he has purchased $50,000 worth, and when the token reaches a market cap of $500 million, he will airdrop it all to the 100 most active community members on X.
Previously, it was reported that Mario Nawfal had burned the MARIO tokens that were airdropped to his wallet, which were worth $4-7 million at the time, and are now worth $15 million.
