Pexra Meme Coin Launches on Solana with 16M Token Reward

Pexra, a decentralized meme coin built on Solana, is launching today, October 3, 2026, at 14:00 UTC. The team behind PEXRA announced that early participants will receive a reward of 16,000,000 tokens, distributed among the first 2,000 addresses that follow the PexraFun account on X and participate in the campaign.

The launch plan lists the network as Solana and the token type as a decentralized meme coin. The official channels for PEXRA are listed on the pexra.fun website and a Telegram group.

According to the announcement, users who join the campaign will need to follow the account, like the post, repost it, and reply with a Solana wallet address within a 12-hour snapshot period. However, the post does not specify when the snapshot period starts or ends, nor does it clarify whether the 16,000,000 figure is a total pool or an amount per address.

The team chose Solana for its fast transactions and low fees, which makes it an attractive platform for meme coins. However, the announcement leaves several questions unanswered, including the total token supply, distribution split, liquidity details, and trading venues at launch, as well as team information and audit reports.