The Unicorn Fart Dust (UFD) meme coin saw a significant uptick Wednesday night after cold cryptocurrency wallet leader Ledger provided the token's creator, Ronald "Ron" Branstetter, with secure wallets bundle for his crypto holdings.
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After his Phantom wallet was compromised earlier this week and hackers drained 6.6 million UFD coins, leaving him with less than 100,000 of his own tokens, Branstetter’s plight caught the attention of the crypto community and his fans. They rallied around him and set up a secure, multisig wallet for the community to rally behind.
Gianina Skarlett, a crypto influencer, spearheaded the effort and enlisted the help of three other crypto figures to set up the multisig wallet, ensuring that the funds donated by the community would be safe and used for the intended purpose.
The multisig wallet address was shared on Twitter by Skarlett and Branstetter, who thanked the community for their support and explained that the funds would be used to slowly buy back UFD coins that were sold off by the hackers.
"This multisig will slowly buy back UFD coins that were sold off by the hackers. We will slowly buy from the bottom up. We will slowly buy for months. We will slowly dust the dust back into the community," Branstetter explained.
The community responded enthusiastically to the initiative, and within hours, the multisig wallet had already received over 100,000 UFD coins in donations, highlighting the strong support and camaraderie among UFD holders.
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