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Indonesian College Student Launches $1.8 Million Meme Coin Presale

Sultan Gustaf Al Ghozali: From NFT Sensation to Meme Coin Innovator

Sultan Gustaf Al Ghozali, the Indonesian college student who gained fame in 2022 for selling NFTs of his daily selfies, is back with a new project that merges meme coins and NFTs.

The Journey of “Ghozali Everyday”

  • In 2022, Ghozali introduced “Ghozali Everyday,” a collection of NFTs featuring his daily selfies taken over five years.
  • The project gained popularity in the crypto community, earning Ghozali over $1 million.
  • Reflecting on his success, Ghozali decided to end the daily selfie tradition after his graduation.

The Launch of the Second Edition

On March 22, Ghozali announced the second iteration of “Ghozali Everyday,” combining meme coins and NFTs on the Base blockchain.

He initiated an airdrop for holders of the first edition NFTs and launched a presale with a cap of 400 ETH.

The Success of the Presale

The presale exceeded expectations, reaching 527 ETH, equivalent to around $1.8 million.

Ghozali ensured transparency by refunding those who sent more than 2 ETH after the cap was reached.

Solana’s Meme Coin Craze

Amid Bitcoin’s bullish surge, meme coins on the Solana blockchain have seen a resurgence in interest.

Presale Projects on Solana

Recent data shows that presale projects on Solana raised $100 million in just three days, from March 15 to 18.

While presales offer opportunities for funding, they also pose risks of fraud and scams.

The Rise of Book of Meme

Book of Meme, launched by Darkfarms1, saw a remarkable increase in valuation, reaching a peak market capitalization of $1.45 billion.

The profitability of meme coins has attracted attention, but concerns about associated risks remain.

Ian Bennett
Written By

Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.

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