Analysis: Yua Mikami's Meme Coin MIKAMI Raised Over $2.1 Million, but the Front-Row Participating Addresses Lacked Whale or Well-Known Leaders

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PANews
04-30
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PANews reported on April 30 that according to @ai_9684xtpa monitoring, the fundraising for the Yua Mikami MEME project $MIKAMI has reached 14,354 SOL, approximately $2.1 million. A total of 10,461 addresses have participated, with an average investment of 1.35 SOL (about $200) per address.

Among these, addresses investing less than 1 SOL account for as high as 94.4%, while only 0.1% of addresses have invested over 100 SOL, accounting for 17.8% of the total fundraising amount. The address with the highest current investment, EH7ZU...3Pkvh, has invested 574 SOL (approximately $84,000), almost entirely depleting its account balance. The analysis suggests that the project has attracted attention due to the lack of pre-sale large projects on Solana and Yua Mikami's own traffic, but most participants are taking a wait-and-see approach, and even when participating, they tend to invest small amounts to avoid missing out. There are no whales or well-known leaders among the front-row participating addresses.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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