According to official sources, the Meme project Hone (Honey badger), initiated by X (formerly known as Twitter) KOL Yo (@web3yoyoyo), has raised over 20 million USDT (currently 20,165,732.5 USDT) and aims to raise 50 million USDT. According to the official introduction, "Hone does the whole-chain meme and is already developing a meme protocol. In the future, any project can initiate fundraising on the protocol, but the project cannot access the funds. They can set the currency name/avatar/quantity/fundraising amount/time/pool percentage/treasury/refund, which is equivalent to the meme version of ordi, opening up all chain funding entrances that meet the interests of all chains."