0xSakura Sakura, founder of the "Life K-Line" project, clarified that no meme coin has been issued in association with the project. The tokens circulating are not linked to the product and were not issued by him. Donations received are allocated for operational costs, with 50% of these donations set to be destroyed and the remainder donated to Giggle. Sakura expressed concerns about accepting certain tokens for donations, particularly those that could inflate contributions. He is considering accepting only BNB or BSC-based tokens listed on Alpha/Aster. Additionally, donors may receive NFTs granting permanent access to the advanced version of Life K-Line, symbolizing their contribution. Meanwhile, the Chinese meme coin "Life K-Line" in the BSC ecosystem has a market cap of $8.66 million, despite a 56.5% price drop in 24 hours.
RenSheng KX Founder Denies Issuing Meme Coin, Clarifies Token Use
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