Dear @SunusiMinjibir , I want to let you know that you ain't alone in this difficult moment. No matter what happened we would always stand with you. I want to remind you that you're one of blessings we Nigerians and Arewa community specifically had in this space(X&Crypto).
Assalamu Alaikum.
I would like to express my sincere regret over what happened today with the $SUNUSI token.
What happened?
When we launched $SUNUSI, I can confidently say it started on a strong note. In less than five days, the project reached an all-time high market cap of $3.7 million.
As expected, some early holders began taking profits, which caused the price to decline. The market cap eventually dropped from $3.7M to around $440k.
To address the situation, I made a post on X seeking support from the Solana ecosystem, including @solana and @a1lon9, the founder of https://t.co/2DJdNgdiuM.
Following that, I received advice from several experienced blockchain professionals. They told me that $SUNUSI had achieved something remarkable in a very short time and was now attracting the attention of major investors.
However, they also pointed out one major concern: the 48% token supply held in my wallet.
From an investorβs perspective, such a large allocation in a single wallet represents a significant risk, as they may fear a future dump.
Several solutions were suggested:
Lock the tokens for several years to build investor confidence. Burn part of the allocation and lock the remaining balance.
After discussing the options with the $SUNUSI team, we decided to burn half of the allocation and lock most of the remaining half. We scheduled the burn for around 12:30 PM today.
The burn process
There are generally two methods of burning tokens.
The first is sending tokens to a dead wallet. While the tokens become inaccessible, they still technically exist on-chain, so this doesnβt reduce the total supply.
The second method uses a dedicated burn protocol, which permanently destroys the tokens and reduces the total supply. This is often viewed more positively because it genuinely decreases supply. We choose the following burning protocol for the exercise.
https://t.co/yS88fzFR1l
After testing the protocol successfully yesterday with another wallet, we decided to use that method. Below is the link to the test we carried out.
https://t.co/k4iYWgK0hi
What went wrong
At approximately 12:30 PM today, I connected my wallet to the burn protocol and initiated a transaction to burn over 24 million plus $SUNUSI tokens.
After approving the transaction, the token price briefly moved upward. Within minutes, however, it began dumping.
When we checked the blockchain, we discovered something was terribly wrong.
Instead of burning 24 million plus tokens, only about 242,258 $SUNUSI had been burned. Below is the onchain link of the burning exercise.
https://t.co/b3KkF4DR3p
The remaining tokens had been transferred to another wallet, which immediately started selling them.
In the confusion, some people suggested burning the remaining tokens to help stabilize the market.
Before attempting another large burn, I decided to test with just 10,000 $SUNUSI.
The moment I approved that transaction, everything in my wallet was drained, not just the remaining $SUNUSI, but also other assets including SOL, ANSEM, and other tokens.
Moving forward
This is undoubtedly one of the toughest challenges Iβve faced.
But I believe every trial comes from Allah, and this is one we must accept with patience.
Allah knows our intentions were sincere. We didnβt create $SUNUSI simply to make money. Our goal was to build something valuable for the community and create opportunities for others.
I wonβt pretend this hasnβt been painful. It has been heartbreaking.
However, after receiving countless phone calls, messages, prayers, and words of encouragement from family, friends, and community members, Iβve accepted this as a test from Allah.
This setback will not break our spirit.
We will not give up.
Every meaningful success comes with challenges, and we remain committed to moving forward.
In Sha Allah, I will host an X Space tomorrow to explain everything in greater detail, answer questions, and discuss the next steps with the community.
@SunusiMinjibir is one of the three people I trust the most on this space. Those people were known professional scammer, we once were their victims and they're now attacking @SunusiMinjibir's personalities. Nonetheless Truth will prevail it self. God you for this @Vindicatedchidi
On November 7, 2025, I experienced the biggest scare of my Web3 journey while launching @Shalom_Token through @MoonPieFun on @rwaassetchain.
Before deployment, every process had been reviewed, tested, and verified. By 1:00 AM that morning, the founder of Asset Chain, @AronuUgochukwu, the MoonPieFun team, and I were all awake, monitoring every step of the launch.
Long before then, we had explained to our community why 50% of the total supply would be locked in a multi-signature wallet, with @rwaassetchain, @xendfinance, @MoonPieFun, and myself serving as signatories. That decision was made to prioritize transparency, security, and community trust.
Then the unexpected happened.
Immediately after deployment, errors started appearing. At one point, three different contract addresses were displayed. It was confusing, alarming, and, from the outside, it could easily have been interpreted as a scam.
That moment could have destroyed everything we had built.
But something remarkable happened.
Instead of panic, accusations, or a witch hunt, the Shalom community chose patience. They waited for an official explanation before reaching conclusions. That level of trust is something I will never take for granted.
Today, $SHALOM is eight months old, and we are still quietly building on Asset Chain with the same commitment to transparency and long-term value.
I am sharing this because I have seen firsthand how technical failures can look like malicious intent, even when they are not.
That is why I will never encourage my community to attack $SUNUSI or rush to judgment.
Yes, losing funds or confidence is painful. Emotions are understandably high. But every project deserves the opportunity to explain what happened before it is condemned.
I respectfully urge the team to organize an X Space as soon as possible, provide a detailed explanation of the incident, and share every piece of information they can. Transparency is the fastest path to rebuilding confidence.
I also encourage independent blockchain researchers and security experts to investigate everything that happened on-chain. Let evidence not emotions guide the conversation.
Trust is one of the hardest things to earn in Web3, and one of the easiest things to lose.
Personally, I do not believe that @SunusiMinjibir intentionally set out to rug his own community. Based on what I know, that simply does not make sense to me. I also understand the immense pressure he must be under at this moment.
This is a difficult time for everyone involved.
May Allah grant him wisdom, strength, and the ability to navigate this situation with honesty and transparency. And may everyone affected find justice, clarity, and peace