Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

Raising millions of dollars appears not to require a working product, a white paper, a long-term plan or even a meme picture in some parts of the crypto market. These days, a simple post on X announcing a so-called presale can attract millions of dollars in Solana’s SOL token.