🚨 Memecoin Lost Nearly 90% of Its Value After Launch

$MIKAMI launched early this morning, and the result? A wild ride. The price shot up to $0.79 at its peak, only to crash back down to around $0.11 just a few hours later—losing nearly 90% of its value.

Here’s what you need to know:

- $MIKAMI didn’t have a fixed pre-sale price.

- The total supply was split based on the amount of SOL raised.

= Basically, everyone “bought at the top,” just with different levels of investment.

-> Another meme coin lesson: No matter who the "idol" behind the token is, if the tokenomics are set up this way, it’s the buyers who pay the price for the FOMO.

#Mikami #memecoins