🧡 Major Update
First of all, we want to thank every trader, alpha caller, and holder who has supported SachiCoin from day one. Many of you showed up every single day on Twitter pushing Sachi to the masses, and we truly appreciate the dedication of this community.
We want to take a moment to clarify a few misconceptions and address the FUD circulating around.
SachiCoin liquidity has never been extracted by the team. Once the token graduated on http://pump.fun/, the liquidity was locked, which means it cannot be removed by the team. This mechanism ensures transparency and protects the market structure of the token.
Liquidity that exists on centralized exchanges also remains intact. Some exchanges decided to delist SachiCoin due to low trading activity and market sentiment, which is common in volatile market conditions.
Running a project like SachiCoin requires significant resources and operational costs. The team has been covering expenses for graphic design, community moderators, administrators, marketing campaigns, and partnership outreach. As revenues decreased during the market slowdown, we unfortunately had to reduce some operational roles to keep the project sustainable.
It’s important to understand that the core team has not been taking salaries. Most of the funds generated have gone directly into listings, marketing efforts, and partnerships to grow the ecosystem.
Because of this, we are now working on strategic collaborations with another project that plans to incubate SachiCoin. If successful, this partnership will help fund future exchange listings and strengthen the treasury by gradually accumulating tokens. This is a long-term process and will take time, but we believe it will significantly strengthen the project.
Regarding the Wintermute partnership, we unfortunately received confirmation that they will not be moving forward at this time. However, all treasury wallets remain fully transparent and trackable on-chain, and those funds remain untouched.
We have also received interest from another market maker based in Dubai that could potentially support SachiCoin’s growth. We are currently reviewing the proposal carefully before making any decisions.
We also submitted our project to the http://pump.fun/ hackathon, although we are still waiting for confirmation on whether we have been accepted. Regardless of the outcome, both the community and the core team have continued building and pushing forward.
The reality is that despite market challenges, SachiCoin still has one of the most dedicated communities on Solana.
We are also in communication with MEXC, and they may begin rolling out marketing support in the coming one to two weeks.
At the moment, the core team’s priority is supporting the launch of a new project on http://pump.fun/ that could ultimately benefit SachiCoin in the long term.
To everyone still here with us, we appreciate you more than you know.
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More updates soon.
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