{"id":4862,"date":"2024-03-23T11:01:28","date_gmt":"2024-03-23T11:01:28","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=4862"},"modified":"2024-03-23T11:01:30","modified_gmt":"2024-03-23T11:01:30","slug":"smole-burns-entire-30m-liquidity-pool-reaffirms-commitment","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/smole-burns-entire-30m-liquidity-pool-reaffirms-commitment\/","title":{"rendered":"$SMOLE Burns Entire $30M Liquidity Pool, Reaffirms Commitment"},"content":{"rendered":"\n<p>The Solana-based memecoin $SMOLE has made a significant move by burning all its liquidity pool tokens, effectively taking $30 million out of circulation. This action underscores the project&#8217;s dedication to its long-term vision and aims to reassure the community about its future direction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-gesture-beyond-financial-gain\">A Gesture Beyond Financial Gain<\/h2>\n\n\n\n<p>Dekadente, a figure associated with the $SMOLE project, clarified the intent behind the burn, emphasizing that the funds were always meant to support the project&#8217;s growth, not personal gain. &#8220;That money wasn\u2019t for me, it was for the project. Now we are just another meme-coin!\u201d stated Dekadente. This move is portrayed as a reaffirmation of commitment to the project rather than a financial strategy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-positive-news-for-smole-holders\">Positive News for $SMOLE Holders<\/h2>\n\n\n\n<p>In addition to the liquidity burn, $SMOLE holders received promising news regarding the resolution of a technical glitch that had previously hindered some users from receiving their Sendoors airdrop. This correction is likely to be well-received within the community, offering a direct benefit to the token&#8217;s holders.<\/p>\n\n\n\n<p>This series of actions by the $SMOLE team highlights their efforts to strengthen community trust and further develop the project amidst the dynamic and often unpredictable memecoin market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Solana-based memecoin $SMOLE has made a significant move by burning all its liquidity pool tokens, effectively taking $30 million out of circulation. This action underscores the project&#8217;s dedication to its long-term vision and aims to reassure the community about its future direction. A Gesture Beyond Financial Gain Dekadente, a figure associated with the $SMOLE [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":4864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[259,43],"tags":[],"class_list":{"0":"post-4862","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoins","8":"category-general-news"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$SMOLE Burns Entire $30M Liquidity Pool, Reaffirms Commitment<\/title>\n<meta name=\"description\" content=\"The Solana-based memecoin $SMOLE has made a significant move by burning all its liquidity pool tokens, effectively taking $30 million out of circulation.\" \/>\n<meta name=\"robots\" content=\"index, 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