As is well known, the once popular “meme coin presale model” on Ethereum has recently resurfaced in the Solana ecosystem. Many celebrities have used this method to raise funds from speculators (for liquidity provision) and issue various meme coins. According to on-chain detective ZachXBT’s statistics, from March 12th to the present, a total of 27 meme coin projects have raised 655,000 SOL (approximately $122.5 million) through this “posting on social platforms” model.
