Meme project PAIN: Pre-sale raises 185,976 SOLs, and 80% of the raised funds will be refunded
On February 5, the Meme project PAIN official posted on social media that the project raised 185,976 SOLs within 48 hours of pre-sale, but the launch of the Meme does not require so much money. At startup, PAIN will refund 80% of the funds raised and use the remaining 20% to support releases, provide liquidity, and pay listing fees (if any). There are many Meme coins without actual use cases, and pre-sale projects have RUG risks, so you should be cautious when investing.