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2025-05-08
02:32
MIKAMI Token Crashes 80% After Aggressive Dumping Strategy: Trading Impact and Lessons for Crypto Investors

According to Ai 姨 (@ai_9684xtpa) on Twitter, the team behind the MIKAMI token executed a high-volume, rapid exit strategy, including late-night airdrop control and immediate large-scale sell-offs, resulting in an 80% price crash at open. The absence of any price support led to a sharp market drop, highlighting significant risks for traders engaging in tokens with concentrated leadership and poor liquidity support (Source: @ai_9684xtpa, Twitter, May 8, 2025). This event underscores the importance of due diligence and risk management when trading trending meme coins, as sudden sell-offs can lead to irreversible portfolio losses and erode broader confidence in similar crypto projects.

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