Solana Treasury Company DeFi Development Corp. (NASDAQ: DFDV) officially announces the launch of a meme coin called DisclaimerCoin (abbreviated $DONT).
(Background: BSC meme coin “memes” has a market cap of over $24 million! A post by He Yi mentioned it continued to double afterward)
(Additional context: 2200x profit! A trader invested $285 in the meme coin “$ZReaL” and made a $620,000 profit, but was questioned by the community for insider trading)

Table of Contents

• The meme experiment titled “Please Do Not Buy”
• Deployed in the Solana ecosystem
• “Solana version of MicroStrategy” makes a new move
• Volatility after launch

On January 23, Taipei time, NASDAQ-listed company DeFi Development Corp. (NASDAQ: DFDV) officially announced the launch of a meme coin called DisclaimerCoin (abbreviated $DONT). This is regarded as the first case in history of a “publicly listed company directly creating and deploying a meme coin,” which immediately drew significant attention from both the crypto community and traditional finance circles.

The meme experiment titled “Please Do Not Buy”

DFDV stated through an official press release and their X (formerly Twitter) account that $DONT is a purely “on-chain experiment” aimed at exploring the market and community reactions if a listed company directly participates in meme culture and blockchain infrastructure.

The company emphasized in its explanation that $DONT has no roadmap, no team, no advisors, no practical functions, and contains no promises. It has not received endorsements or sponsorships from any KOLs, foundations, venture capitalists, or Solana ecosystem partners. The official even named the token “DisclaimerCoin” and used the code name $DONT (meaning “Don’t buy it”) to repeatedly remind investors “Please do not buy,” showing a high level of self-deprecating humor and irony.

Deployed in the Solana Ecosystem

Technically, $DONT has been deployed on the Solana blockchain, with 30% of the tokens permanently locked in the company’s balance sheet. According to information released by DFDV, $DONT has a fixed total supply of 42 billion tokens, distributed as follows:

• 40%: For public liquidity pools, available for free market trading
• 30%: Permanently locked in DFDV’s balance sheet as part of the company treasury
• 20%: Distributed to the community and ecosystem
• 10%: Allocated to early contributors

“Solana version of MicroStrategy” makes a new move

DFDV is a well-known digital asset treasury company within the Solana ecosystem, mainly focusing on long-term accumulation of SOL, staking, and validator node operations. The market generally considers DFDV to be similar to “Solana’s MicroStrategy.” Reports indicate that the company holds over 2 million SOL, with a market value in the billions of dollars.

Volatility after launch

From market performance, $DONT experienced intense price fluctuations after launch. According to data from platforms like DEX Screener, the token’s market cap surged within hours of release, reaching approximately $23 million to $28 million, with trading volumes exceeding hundreds of millions of dollars.