According to @ai_9684xtpa on Twitter, the Solana market is experiencing a forced cooldown following the launch of two major presale tokens, $MIRAI and $WATCHCOIN. $MIRAI refunded 50% of presale funds, allocated only 15% of tokens to on-chain liquidity pools, and imposed a 10% buy-sell tax at launch. The presale raised 76,831 SOL, while the current market cap stands at $10.5 million. $WATCHCOIN, endorsed by Solana’s official account and founder Anatoly Yakovenko, features a team with a consistent track record. These events have heightened caution among traders, potentially reducing short-term speculative activity and impacting overall Solana trading volume and sentiment. Source: @ai_9684xtpa on Twitter, May 16, 2025.

According to Lookonchain, Wintermute (@wintermute_t) has received 10 million $MIRAI tokens, valued at approximately $105,000, and has officially taken the role of market maker for $MIRAI (source: Lookonchain via Twitter on May 16, 2025; Solscan). This development is expected to significantly improve $MIRAI token liquidity and price stability, which is crucial for active traders. Market making by a renowned firm like Wintermute often leads to tighter spreads and increased trading volumes, creating new opportunities for both short-term and long-term crypto investors.

According to Lookonchain, Wintermute (@wintermute_t) has received 10 million MIRAI tokens, valued at $105,000, and is confirmed as the official market maker for MIRAI (source: Lookonchain via solscan.io). This development signals increased liquidity and potential trading volume for MIRAI, offering traders more efficient order execution and tighter spreads. The involvement of a major market maker like Wintermute typically enhances price stability and market depth, which may attract new participants and impact short-term trading strategies for MIRAI holders and crypto traders monitoring emerging tokens.