According to @EmberCN on Twitter, the Mikami meme coin ($Mikami) presale launched with no fundraising cap, no fixed exchange rate, and no refund policy, making it highly risky for traders. In just 50 minutes, 10,431 SOL (approximately $1.54 million) was deposited into the presale wallet, representing fast-growing interest but also significant risk exposure. The tokenomics allocate only 20% of total $Mikami supply to presale participants, distributing it pro-rata based on SOL contributed. Traders should note the lack of transparency and safeguards, which could increase volatility after launch. (Source: @EmberCN, intel.arkm.com)