Self-funding Memecoin
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BTC yearly returns outperformed by first ever onchain fund memecoin!
Globenewswire· 2026-02-28 01:00
Core Insights - A new Solana-based project called $MACRO has created a self-funding mechanism that automatically buys its own token whenever Michael Saylor tweets [1][4]. Group 1: Project Overview - $MACRO launched on February 26, 2026, achieving an all-time high market cap of $1.9 million, generating $1.7 million in trading volume, and accumulating over 2,500 holders within its first 24 hours [2]. - The project features a transparent, on-chain fund named macrostrategyfund.sol, which collects capital from $MACRO's creator fees and executes purchases of $MACRO automatically based on Saylor's tweets [4]. Group 2: Market Context - The timing of the project coincides with Michael Saylor's endorsement of Solana as a key infrastructure layer for programmable digital credit, which led to a 13% increase in SOL's value within 24 hours [4][5]. - The MacroFund aims to address the underperformance of Bitcoin relative to other major asset classes in 2026, proposing a systematic accumulation strategy inspired by Saylor's approach with MicroStrategy [6]. Group 3: Future Developments - A dashboard is being developed to track fund movements, displaying the history of purchases, the corresponding Saylor tweets, and on-chain proof for each transaction [7].