The creator of Solana-based meme project 'EPIK' announced that nearly 60% of the token supply has been burned, adding that he has personally repurchased a total of 356 million tokens and plans to airdrop them to the community.
2026.07.27 18:58:35
Solana-based meme project EPIK’s creator Mando posted that the token has a total supply of 1 billion, with nearly 60% of the supply currently out of circulation. Mando revealed he has personally repurchased a total of 356 million EPIK tokens, burning 154 million of them; the project’s liquidity pool (LP) also burned an additional 81 million tokens. Addressing the community’s doubts over his large token holdings, Mando clarified he did not acquire 50% of the tokens via airdrop, but instead invested seven-figure funds over the past three years to continuously repurchase and support the project, holding and controlling more than 50% of the total token supply. Mando noted he created EPIK during an early live stream, and has since long invested funds to sustain the project’s development, stressing his approach differs from that of some KOLs, creators or celebrities who sell tokens immediately after acquiring them. He is now considering distributing some of his held tokens in batches via airdrop to long-term community members and contributors who have supported the project, as a way to give back to early participants. According to GMGN market data, EPIK’s market cap once surged rapidly to around $27 million, with hourly trading volume hitting nearly $6.5 million, before the market cap pulled back to roughly $16 million.
$EDEL Surges After Edel Joins DTC Digital Asset Working Group as Whales Accumulate Nearly 8M $EDEL
2 days ago
Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
2 days ago
Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.
2 days ago
Binance will support the USDT contract swap on the Optimism network.
2 days ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
2 days ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
2 days ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

