May 28, 2025

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12:00 am

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Hasbulla Raises $20M for Memecoin Presale

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    BULLA presale address on Arkham
    BULLA presale address on Arkham

    Internet personality Hasbulla Magomedov, better known as Hasbulla, has just completed the presale for his own memecoin, BULLA, raising just under $20M in 24 hours. The BULLA presale took place on the BNB Chain, taking deposits in both BNB and the World Liberty Financial-backed stablecoin, USD1. In total, the presale received $15.37M in BNB and $4.4M in USD1 from depositors. Notably, the largest single transaction deposits came from USD1 depositors with the top depositor sending almost $1M in USD1 to the presale address, 0x63c

    The largest single transfer to the BULLA presale address
    The largest single transfer to the BULLA presale address

    The success of the memecoin presale is notable, despite Hasbulla’s shady track record with previous crypto ventures. His earlier projects include NFT collection, HasbullaNFT, and memecoin, BARSIK, which was named after his cat. Both of these projects have seemingly been abandoned by Hasbulla not long after their launch.

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