MAK

Web3 enthusiast | Community Manager | Growing crypto communities. DM for collabs.

[MOHAMMED B S @MBSulloma]

Your generosity is not just a donation it's a lifeline

[MAK @official_mofio]

Read and undertand please.

[Sunusi Danjuma Ali @SunusiMinjibir]

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 investor’s 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 doesn’t 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 I’ve 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 didn’t create $SUNUSI simply to make money. Our goal was to build something valuable for the community and create opportunities for others.

I won’t pretend this hasn’t been painful. It has been heartbreaking.

However, after receiving countless phone calls, messages, prayers, and words of encouragement from family, friends, and community members, I’ve 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.

[MAK @official_mofio]

@57k MCAP

[MAK @official_mofio]

NFA, DYOR

6X9tWtpcTHcjyg5jQHZYrCQyKnjYW9a7bsHAom9wpump

[MAK @official_mofio]

NFA, DYOR

6X9tWtpcTHcjyg5jQHZYrCQyKnjYW9a7bsHAom9wpump

[MAK @official_mofio]

@saadu_mode @danfulaniweb3 @Web3Career Thank you🙏

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career And you need connections, which come from consistently showing up, engaging, and contributing in your space.
By “connections,” I mean building relationships with people who are in the same field or role as you. If you do this, you’ll gain two big benefits. ✌️

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career This means confidently saying, “Yes, I can perform this job anywhere,” because you truly understand what needs to be done, how to do it, and the strategies that will ensure success.

However, I must honestly point out that some individuals don’t take this approach.

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career Why?
Because they don’t have any proving experience.

So, if you want to succeed in Web3, you need to work on that.

You also need a background in your field — it really helps..

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career 1. Guaranteed opportunities — if you’re good enough, jobs will either find you or be easier to land.

2. Continuous growth — even if you don’t land a job right away, you’ll keep gaining valuable, diverse experiences...

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career I’m not trying to boast, but I’ve already found my niche and I’m actively building it.
Now it’s your turn find yours and start building 🫵.
@danfulaniweb3 @saadu_mode #Web3News #web3 #crypto #DeFi #NFT #Bitcoin #Airdrop #web3job

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career In my next post, I’ll explain simple ways to prove your experience.

I’ll keep sharing guidance and practical directions to help you build your Web3 career.

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career 1. Guaranteed opportunities — if you’re good enough, jobs will either find you or be easier to land.

2. Continuous growth — even if you don’t land a job right away, you’ll keep gaining valuable, diverse experiences.

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career And you need connections, which come from consistently showing up, engaging, and contributing in your space.
By “connections,” I mean building relationships with people who are in the same field or role as you. If you do this, you’ll gain two big benefits ✌️

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career Why?
Because they don’t have any proving experience.

So, if you want to succeed in Web3, you need to work on that.

You also need a background in your field — it really helps.

[MAK @official_mofio]

@danfulaniweb3 @saadu_mode @Web3Career But honestly — and I’m sorry to say this — some of our people don’t approach it that way.

Once they learn just a little, instead of continuing to learn and practice, they stop… and rush off to start job hunting.

That’s why many keep applying for jobs without success.

[MAK @official_mofio]

.@danfulaniweb3 @saadu_mode The job market in #Web3 doesn't exactly follow the typical corporate ladder. Instead, it seems to be all about creating environments where people work together.
.#Web3 #crypto #NFT #DeFi #Bitcoin #CryptoNews

[MAK @official_mofio]

@danfulaniweb3 @cookiedotfun @official_mofio

[MAK @official_mofio]

@danfulaniweb3 @FractionAI_xyz @official_mofio

[MAK @official_mofio]

https://t.co/gtB3qMceW0

[MAK @official_mofio]

@basedalexandoor your work is doing good.