{"id":39531,"date":"2025-05-08T11:36:56","date_gmt":"2025-05-08T11:36:56","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/yua-mikamis-meme-coin-sheds-over-80-in-5-hours-as-3-4m-pre-sale-turns-sour\/"},"modified":"2025-05-08T11:36:56","modified_gmt":"2025-05-08T11:36:56","slug":"yua-mikamis-meme-coin-sheds-over-80-in-5-hours-as-3-4m-pre-sale-turns-sour","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/yua-mikamis-meme-coin-sheds-over-80-in-5-hours-as-3-4m-pre-sale-turns-sour\/","title":{"rendered":"Yua Mikami\u2019s meme coin sheds over 80% in 5 hours as $3.4m pre-sale turns sour"},"content":{"rendered":"<div><\/div>\n<p>The MIKAMI meme coin, launched on 8 May 2025 by Japanese entertainment personality Yua Mikami, has witnessed a rapid collapse in value, plummeting over 80% from its peak just hours after launch. <\/p>\n<p>Despite raising more than 23,000 SOL (around $3.4 million) during its pre-sale, the token&#8217;s post-launch performance has drawn scrutiny over its tokenomics, market timing, and reliance on Mikami\u2019s celebrity branding. <\/p>\n<p>More than 17,000 contributors participated in the pre-sale, which <a target=\"_blank\" href=\"https:\/\/x.com\/Mikami_Coin\/status\/1918498245334188148\">concluded on 3 May<\/a>, but many now face losses exceeding 60%. <\/p>\n<h2 class=\"wp-block-heading\">Pre-sale success overshadowed by swift crash<\/h2>\n<p>MIKAMI was introduced as a Solana-based meme token capitalising on the popularity of Yua Mikami, who had not previously engaged with the cryptocurrency industry. <\/p>\n<p>The pre-sale attracted widespread attention and reportedly filtered out over 21,000 spam transactions of less than 0.002 SOL. <\/p>\n<p>According to the MIKAMI Coin account on X, 17,560 valid wallets contributed a total of 23,320.74 SOL.<\/p>\n<div class=\"wp-block-kevinbatdorf-xeet-wp xeet-wp\">\n<div class=\"react-tweet-theme Prh5YO6Z7gkcGwVjnX1Q\">\n<article class=\"y3vyxk0KOdMgcSTtzERK\">\n<div class=\"lXRMjX2KYR7IZSOZPFbm\"><a href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" class=\"nkzum3vS9EE0UMk6wIwD\" target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n<div class=\"gxuhzv6slGlIBy5JFjVm\"><\/div>\n<div class=\"gxuhzv6slGlIBy5JFjVm\">\n<div class=\"jM__a2FZ4FtvadsBSIC5\"><\/div>\n<\/div>\n<p><\/a><\/p>\n<div class=\"BwMePHrH3rvsmYE498nW\"><a href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" class=\"oDvOSSsrnTspryAL9YVt\" target=\"_blank\" rel=\"noopener noreferrer\"><\/p>\n<div class=\"YqFZOCD996i_gAbVzqfJ\"><span title=\"Mikami Coin\">Mikami Coin<\/span><\/div>\n<div class=\"k4aQ6nZmsk6GjbvjPKss FgA7vJPvpWgsyInO1FMI\"><\/div>\n<p><\/a><\/p>\n<div class=\"T65hgE51dyqUMzAY5hl0\"><a href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" class=\"jg4rjgPtL89uoWZw81FG\" target=\"_blank\" rel=\"noopener noreferrer\"><span title=\"@Mikami_Coin\">@Mikami_Coin<\/span><\/a><\/p>\n<div class=\"IulIEDncuBnezCKlPUfn\"><span class=\"f9i0GrOk4HWCqDStzGHE\">\u00b7<\/span><a href=\"https:\/\/twitter.com\/intent\/follow?screen_name=Mikami_Coin\" class=\"X9KF8bvQvjpxMkEUAQSg\" target=\"_blank\" rel=\"noopener noreferrer\">Follow<\/a><\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" class=\"VAKgDYwbCPjVtzvR7vsi\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"View on Twitter\"><\/a><\/div>\n<p class=\"AdGEHCYjGQTkPV_D5imj\"><span>Thank you for the overwhelming support for <\/span><a href=\"https:\/\/twitter.com\/search?q=%24Mikami\" class=\"LuuFAn5qKGMLl5k1L76T\" target=\"_blank\" rel=\"noopener noreferrer\">$Mikami<\/a><span>. \ud83c\udf38<br \/>\nHere&#8217;s a summary and how we will handle spam &amp; fairness:<\/p>\n<p>\u2705 Valid subscribed addresses: 17,560<br \/>\n\u2705 Valid subscription total: 23,320.74 <\/span><a href=\"https:\/\/twitter.com\/search?q=%24SOL\" class=\"LuuFAn5qKGMLl5k1L76T\" target=\"_blank\" rel=\"noopener noreferrer\">$SOL<\/a><span><\/p>\n<p><\/span><a href=\"https:\/\/twitter.com\/search?q=%24Mikami\" class=\"LuuFAn5qKGMLl5k1L76T\" target=\"_blank\" rel=\"noopener noreferrer\">$Mikami<\/a><span> is intended to function as an expression of love on the blockchain \u2014 a meme<\/span><\/p>\n<div class=\"_0kiDv1j1JHI8CF0Ntb_\"><a class=\"PF6M5QdjvCYeUIeL82Pw\" href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"1:30 pm \u00b7 5 May 2025\">1:30 pm \u00b7 5 May 2025<\/a><a class=\"EUWNvie68q0hB7x9gYil\" href=\"https:\/\/help.twitter.com\/en\/twitter-for-websites-ads-info-and-privacy\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Twitter for Websites, Ads Information and Privacy\"><\/a><\/div>\n<div class=\"r1nP5SJS7VNmWTX19Auq\"><a class=\"gcUKEvUouWctDVs4Uni5\" href=\"https:\/\/twitter.com\/intent\/like?tweet_id=1919301038252716074\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Like. This Tweet has 232 likes\"><\/p>\n<div class=\"EYp9rp32FVnHEztzLqMG\"><\/div>\n<p><span class=\"aMeAuAqW2H34ePc2jorL\">232<\/span><\/a><a class=\"We700JQVK913TW5TZQk6\" href=\"https:\/\/twitter.com\/intent\/tweet?in_reply_to=1919301038252716074\" target=\"_blank\" rel=\"noopener noreferrer\" aria-label=\"Reply to this Tweet on Twitter\"><\/p>\n<div class=\"SXNJIS9giXWKxuUsSwXx\"><\/div>\n<p><span class=\"qAurmX5F17a0m0GbrhOq\">Reply<\/span><\/a><button type=\"button\" class=\"EDcxfgdhQDFSaBs5yAxC\" aria-label=\"Copy link\" data-xeet-url-to-copy=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\"><\/p>\n<div class=\"O1W4EuB8WU92_ex7pGQT\"><\/div>\n<p><span class=\"ovn4FbJMqbXsfiK7gvth\" data-copy-text=\"{&quot;copied&quot;:&quot;Copied!&quot;,&quot;copyAllText&quot;:&quot;Copy link to Tweet&quot;}\">Copy link<\/span><\/button><\/div>\n<div class=\"cjgWV81BwLW_tK8FicCg\"><a class=\"tczCx_QJsiI5O2NPUrfI\" href=\"https:\/\/twitter.com\/Mikami_Coin\/status\/1919301038252716074\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"LW1dI56xN0L7kAXJota7\">Read 131 replies<\/span><\/a><\/div>\n<\/article>\n<\/div>\n<\/div>\n<p>Each participant received tokens proportionate to their input, with an average pre-sale price of $0.245. <\/p>\n<p>However, within five hours of the token\u2019s official airdrop and listing on 8 May, the price dropped to $0.10, resulting in a 60% drop for early investors.<\/p>\n<p>At its peak, the token traded around $0.828 before plunging to $0.1, as seen on Dexscreener. <\/p>\n<p>The current market cap stands at roughly $7 million, a stark contrast to expectations set during the pre-sale period.<\/p>\n<h2 class=\"wp-block-heading\">Low liquidity, high concentration raise concerns<\/h2>\n<p>The collapse of MIKAMI aligns with broader patterns seen in the meme coin market, particularly those driven by celebrity influence. <\/p>\n<p>A breakdown of its tokenomics shows that 50% of the total supply is locked under Yua Mikami\u2019s name until 2069, while 20% was allocated to pre-sale investors, 15% to liquidity, 10% to the community, and 5% to marketing.<\/p>\n<p>The 15% liquidity pool has drawn criticism for being significantly lower than the typical 20\u201325% standard used in similar tokens. <\/p>\n<p>This limited buffer left the coin vulnerable to sharp downward price swings when subjected to heavy sell pressure.<\/p>\n<p>Blockchain data indicates a pattern of large token dumps immediately following launch, suggesting pre-sale whales cashed out early.<\/p>\n<p>The absence of robust liquidity also limited the token\u2019s ability to absorb sell-offs, making it harder for smaller holders to exit without incurring losses. <\/p>\n<p>This dynamic has become a hallmark of meme coins that are short on utility and long on hype.<\/p>\n<h2 class=\"wp-block-heading\">Broader meme coin market struggles weigh on MIKAMI<\/h2>\n<p>MIKAMI\u2019s fall also reflects broader headwinds in the meme coin segment. <\/p>\n<p>Since December 2024, overall market capitalisation for meme tokens has dropped 56.8%, creating an environment of risk aversion and uncertainty.<\/p>\n<p>This makes it more difficult for new meme coins to retain investor confidence post-launch, especially when price action trends downward.<\/p>\n<p>Social media users have commented on the psychological element of such investments, noting that many hope a new meme coin will help them recover from previous losses \u2014 a cycle often leading to impulsive decisions based on hype rather than fundamentals. <\/p>\n<p>This cycle was evident with MIKAMI, as the initial excitement surrounding Mikami\u2019s name failed to translate into lasting demand or support.<\/p>\n<p>The rapid decline in value post-launch and the absence of Yua Mikami\u2019s continued engagement or roadmap have left many wondering whether this was simply a speculative play by those seeking short-term gains. <\/p>\n<p>With limited liquidity and poor timing amid a broader market slump, the MIKAMI token now serves as another cautionary tale in an increasingly crowded and volatile meme coin space.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/05\/08\/yua-mikamis-meme-coin-sheds-over-80-in-5-hours-as-3-4m-pre-sale-turns-sour\/\">Yua Mikami\u2019s meme coin sheds over 80% in 5 hours as $3.4m pre-sale turns sour<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The MIKAMI meme coin, launched on 8 May 2025 by Japanese entertainment personality Yua Mikami, has witnessed a rapid collapse in value, plummeting over 80% from its peak just hours after launch. Despite raising more than 23,000 SOL (around $3.4 million) during its pre-sale, the token&#8217;s post-launch performance has drawn scrutiny over its tokenomics, market <\/p>\n","protected":false},"author":1,"featured_media":39532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39531"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39532"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}