Solana Treasury Company DeFi Development Corp. (NASDAQ: DFDV) officially announces the launch of a meme coin called DisclaimerCoin (abbreviated $DONT).
(Background: BSC meme coin “memes” has a market cap of over $24 million! A post by He Yi mentioned it continued to double afterward)
(Additional context: 2200x profit! A trader invested $285 in the meme coin “$ZReaL” and made a $620,000 profit, but was questioned by the community for insider trading)
Table of Contents
- The meme experiment titled “Please Do Not Buy”
- Deployed in the Solana ecosystem
- “Solana version of MicroStrategy” makes a new move
- Volatility after launch
On January 23, Taipei time, NASDAQ-listed company DeFi Development Corp. (NASDAQ: DFDV) officially announced the launch of a meme coin called DisclaimerCoin (abbreviated $DONT). This is regarded as the first case in history of a “publicly listed company directly creating and deploying a meme coin,” which immediately drew significant attention from both the crypto community and traditional finance circles.
The meme experiment titled “Please Do Not Buy”
DFDV stated through an official press release and their X (formerly Twitter) account that $DONT is a purely “on-chain experiment” aimed at exploring the market and community reactions if a listed company directly participates in meme culture and blockchain infrastructure.
The company emphasized in its explanation that $DONT has no roadmap, no team, no advisors, no practical functions, and contains no promises. It has not received endorsements or sponsorships from any KOLs, foundations, venture capitalists, or Solana ecosystem partners. The official even named the token “DisclaimerCoin” and used the code name $DONT (meaning “Don’t buy it”) to repeatedly remind investors “Please do not buy,” showing a high level of self-deprecating humor and irony.
Deployed in the Solana Ecosystem
Technically, $DONT has been deployed on the Solana blockchain, with 30% of the tokens permanently locked in the company’s balance sheet. According to information released by DFDV, $DONT has a fixed total supply of 42 billion tokens, distributed as follows:
- 40%: For public liquidity pools, available for free market trading
- 30%: Permanently locked in DFDV’s balance sheet as part of the company treasury
- 20%: Distributed to the community and ecosystem
- 10%: Allocated to early contributors
“Solana version of MicroStrategy” makes a new move
DFDV is a well-known digital asset treasury company within the Solana ecosystem, mainly focusing on long-term accumulation of SOL, staking, and validator node operations. The market generally considers DFDV to be similar to “Solana’s MicroStrategy.” Reports indicate that the company holds over 2 million SOL, with a market value in the billions of dollars.
Volatility after launch
From market performance, $DONT experienced intense price fluctuations after launch. According to data from platforms like DEX Screener, the token’s market cap surged within hours of release, reaching approximately $23 million to $28 million, with trading volumes exceeding hundreds of millions of dollars.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SOL spot ETF experienced net inflows of $10.7001 million last week
According to SoSoValue data, from March 9 to March 13, SOL spot ETFs experienced a net inflow of $10.7001 million. The Bitwise ETF BSOL performed notably, with weekly net inflows of $14.673 million, bringing the total net inflow to $782 million. VanEck ETF had a weekly net outflow of $1.9781 million, with a total net inflow of $19.12 million. The total net asset value of SOL spot ETFs was $855 million.
GateNews1h ago
Base and Solana Account for 97% of AI Agent-to-Agent Trading Market Share
Gate News reports that on March 16, Lisk Chief Researcher Leon Waidmann posted on the X platform stating that on-chain payment settlements for AI agents are mainly concentrated on Base and Solana, with these two networks accounting for 97% of all agent-to-agent transactions. Among them, Base accounts for 59% with transaction volume reaching 70.9 million; Solana accounts for 38% with transaction volume reaching 45.3 million; all other networks account for only 3% with transaction volume of 3.9 million.
GateNews1h ago
Solana Network Improvement Proposal SIMD-0266 Approved, Transaction Efficiency Can Increase Up to 19x
Gate News reports that on March 16, the Solana network improvement proposal SIMD-0266 was approved. The proposal was submitted by Anza last year, and its core content involves introducing p-token—a token model with higher computational efficiency—that can increase the computational efficiency of Solana transactions and payments by up to 19 times, significantly reduce token transfer costs, and thereby improve network capacity. This upgrade is expected to be deployed to the mainnet in April of this year.
GateNews2h ago
Citi, PwC, and Solana complete the proof of concept for trade finance tokenization
Gate News: On March 16, Citi, PwC, and Solana jointly completed a proof of concept (PoC) for trade finance tokenization. The solution allows suppliers to issue tokenized payment vouchers and sell them at a discount to banks, enabling instant settlement and replacing the months-long waiting periods of traditional models. This collaboration represents another practical exploration by traditional financial institutions of RWA (real-world asset) applications on the Solana blockchain.
GateNews3h ago
Chinese DeepSeek AI Predicts the Price of XRP and Solana If the Clarity Act Doesn’t Pass in 2026
The CLARITY Act may fail to become law this year if it doesn’t pass committee by the end of April, according to Galaxy Digital research. The main battle is over stablecoin rewards, which banks say could drain deposits
CaptainAltcoin4h ago
SOL breaks through 90 USDT, 24-hour gain of 3.4%
Gate News, on March 15th, market data shows that SOL broke through 90 USDT, currently trading at 90.03 USDT, with a 24-hour gain of 3.4%.
GateNews6h ago
