Meme Project PAIN: Pre-sale raises 185,976 SOL, 80% of the raised funds will be refunded
On February 5th, the official post of the Meme project PAIN on social media said that the project raised 185,976 SOL within 48 hours of the pre-sale, but the launch of the Meme does not require so much money. At the launch, PAIN will refund 80% of the funds raised and use the remaining 20% to support the launch, provide liquidity, and pay the listing fee (if any). Meme coins have no practical use case, and the pre-sale project has RUG risk. Investment needs to be cautious.