The melon of the crypto circle in February 2025 - PAIN coin presale.
This PAIN coin has a great background, and Memeland is behind it. In 48 hours, 186,000 SOL (about 38 million US dollars) were collected, becoming one of the largest Meme coin presales in history. But the project owner turned around and made a big drama: 80% of the funds were withdrawn, leaving only 20% for startup and liquidity. This operation confused everyone. Is the project owner really sincere or is it transferring risks?
Let’s talk about the origin of PAIN first. It was inspired by the super popular Internet meme "Hide the Pain Harold". The expression of "pain hidden behind the smile" of Hungarian photographer András Arató has become a symbol of Internet culture, and he has also become a "living meme".
Memeland has put a lot of effort into promoting PAIN. At the Binance Blockchain Week in October 2024, the photo of Arató and CZ was widely circulated. Memeland's token MEME has been launched on Binance for a long time. This wave of exposure was definitely deliberate. In addition, the official account of Memeland has repeatedly forwarded PAIN dynamics, and pre-sale tweets have also been arranged, which directly pulled the traffic to full.
Speaking of the refund incident, the project said that the refund of 80% is to "reduce the burden on investors and show long-term commitment", but there is a lot of controversy. Supporters think that this wave is "anti-cutting leeks", which is in sharp contrast to those Meme projects that run away after raising funds. But there are also doubts. The refunded SOL has depreciated under market fluctuations, and the remaining 20% (about 7.6 million US dollars) is much higher than the launch demand of other projects. The 80% refund is indeed the highest among similar projects. No matter what the project party thinks, this incident has indeed made PAIN popular again and earned a lot of traffic.
But PAIN's road is not easy. In the short term, it became popular due to the Memeland community and the spread of Meme culture (as well as the hype of traders), but there are many problems in the long term. If Harold's "pain" core is over-commercialized, the original charm will be gone. Moreover, Meme coins are too dependent on market heat, and they will definitely be the first to bear the brunt of the bear market. It is still uncertain when the PAIN token will be launched, so let's wait and see.
From Harold's wry smile to the successful pre-sale of PAIN coins, this crypto world is really absurd and full of creativity. When "pain" becomes a tradable consensus, the real meme may have transcended the screen and plunged into the collective emotions of this era.
#PAIN币 #加密货币 #Meme币