On January 23, Solana DeFi Development (DFDV) announced the issuance of DONT (DisclaimerCoin), the first meme coin ever created by a publicly listed company.
In its announcement, DFDV stated that DONT has not received any sponsorship, endorsement, or support from any external influencers, KOLs, foundations, venture capital firms, or ecosystem partners. There is no roadmap, no advisors, no team, no practical functionality, and no promises. It is an experiment launched spontaneously by DFDV, making it the first meme coin created by a publicly traded company. DFDV intends to permanently hold 30% of the DONT token supply.
According to GMGN data, DONT's market capitalization briefly reached $28 million within 3 hours of its listing, and is currently trading at $18 million, with a trading volume of $23 million.
BlockBeats reminds users that Meme coins have few real-world use cases, their prices fluctuate greatly, and investment should be approached with caution.
