Life Candlestick Chart Project Founder Clarifies Non-issuance of Meme Coin, Related Token Not Associated with the Project

BlockBeats News, January 13, Life Candlestick Project founder 0xSakura Sakura (@0xsakura666) stated in a post that "The Life Candlestick Project has been successfully launched, but the token is not related to the product. These tokens were not issued by me. The donations received are used to pay for servers, APIs, and the operational team's salaries. Regarding the official foundation, 50% of the received donations will be burned, and the other 50% will be donated in full to Giggle. As for the BNB transaction tax from the previous tokens given, it has not been used much and can all be donated to the foundation, entirely donated to Giggle."

Regarding the tokens received as donations, the plan was actually to announce them after the product goes live. Secondly, considering that donating certain tokens to Giggle (there may be air coins with high control continuously brushing up merits) may not be appropriate, converting them to BNB will bring actual benefits. Dumping by selling off will also harm the community. So, I am still considering whether to only accept BNB or only accept BSC tokens that have been listed on Alpha/Aster. Therefore, no announcement was made tonight.

Regarding NFTs, after donation, there will be an opportunity to receive them. It grants permanent access to all premium features of the Life Candlestick, symbolizing the goodwill of the donation, witnessing the merits, similar to a donation certificate, and cannot be resold."

According to GMGN market data, the BSC ecosystem Chinese Meme coin "Life Candlestick" has a reported market capitalization of $8.66 million, a 24-hour decline of 56.5%, and a 24-hour trading volume of $25.85 million.