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SALTMINECOIN (SALT) is a cryptocurrency that emerged on the Solana network, initially conceived as a lighthearted experiment within the Bonk ecosystem. Launched by the developer known as @PrimitiveMoney in April 2025, SALT started with a total supply of 1 billion tokens. The project quickly gained traction, reaching a market cap of 1 million USD by April 27, 2025. As a testament to its community spirit, @PrimitiveMoney donated the proceeds, including 70 SOL from his personal holdings, to charitable causes. Following this, he divested his entire stake, effectively making SALT a fully community-driven initiative. Following the donation, an additional 70 million tokens were burned, reducing the total supply to 930 million tokens.
The tokenomics of SALT present an intriguing structure that supports its community-oriented goals. With a total supply of 930 million SALT tokens, the project’s design includes a significant burn mechanism intended to enhance scarcity and value. As of April 28, 2025, the market capitalization of SALT is recorded at 1.5 million USD, indicative of its growing presence in the cryptocurrency market. The project emphasizes its distinct identity with the slogan “Mine Memes, Not Dreams,” reflecting a playful yet determined community ethos that stands in opposition to established meme coins.
The SALT community invites engagement and participation in this unique cryptocurrency landscape, rallying under the banner of a “salty rebellion” against rival meme tokens such as Pepe. As SALT continues to develop and evolve, it represents a confluence of fun and serious investment, appealing to both meme enthusiasts and serious investors alike. With a strong foundation and a committed community, SALT aims to carve out its niche in the rapidly changing world of digital currencies.
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