0xSakura Sakura, founder of the Life K-Line project, clarified that no meme coin has been issued by the project and that the related tokens are not associated with the product. The founder stated that donations received are used for operational costs, with 50% of donations to be destroyed and the remainder donated to Giggle. Concerns were raised about accepting certain tokens due to potential misuse, with a preference for BNB or BSC-based tokens.
The Life K-Line project offers NFTs as a reward for donations, granting permanent access to the advanced version of the product. These NFTs symbolize goodwill and cannot be resold. Meanwhile, the Chinese meme coin "Life K-Line" in the BSC ecosystem has a provisional market cap of $8.66 million, despite a 56.5% price drop in 24 hours and a trading volume of $25.85 million.
RenSheng KX Founder Denies Issuing Meme Coin, Clarifies Token Association
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