Yua Mikami’s $MIKAMI Coin Launched: Celebrity-Driven Meme Coin Raises $1.5 Million in 50 Minutes During Presale, No Fixed Value or Refund Option

Japanese Star Yua Mikami Launching Meme Coin on Solana

Fans and crypto traders are buzzing about Yua Mikami, the Japanese celebrity who has just launched her personal meme coin, $MIKAMI, on the Solana network.

The coin debuted today, following a fast-moving presale phase that raised over $1.5 million in SOL within just 50 minutes.

Currently, a 72-hour fire debut sale has started, where the price of each token will be determined by the amount of SOL raised, with contributors receiving a percentage of the $MIKAMI tokens based on their contributions.

The team has also noted that $Mikami is designed as a fun, meme coin with no intrinsic value or financial return, purely for blockchain expression.

$Mikami Presale Draws Fast Cash But Brings High Risks

According to blockchain tracking account @EmberCN, the presale was launched with no cap, no fixed token price, and no refund option—factors that have stirred concern over transparency and security.

Participants contributed 10,431 SOL, valued at around $1.54 million, with only 20% of the total token supply allocated to these early contributors.

Tokens will be distributed based on how much SOL each person contributed, adding to the project’s speculative nature.

As of now, the total amount of SOL raised has reached 13,423.10. (Source: mikamiyua.io)

In addition, the remaining supply is heavily skewed, with 50% reserved for Mikami herself (locked until 2069), while only 15% goes to liquidity, 10% to community initiatives, and 5% to marketing.

Source: mikamiyua.io

Solana’s Meme Coin Scene Raises Questions of Volatility

Solana’s reputation for hosting fast-paced meme coin launches has drawn attention, especially as previous launches on the network have triggered sudden bursts of activity.

While $MIKAMI’s arrival hasn’t moved SOL prices significantly yet, decentralised exchanges like Raydium may see a spike in trading as speculation builds.

Unlike corporate-backed token projects, Mikami’s coin is positioned as a grassroots initiative.

The lack of large backers and relatively low liquidity mark it as high-risk and potentially high-reward—echoing similar launches on Solana that saw rapid but short-lived price surges.

Celebrity-Driven but Not for Investors

Despite the hype, Mikami’s team made it clear the coin should not be seen as an investment.

In an official statement, the project stated:

“$Mikami are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol "$MIKAMI" and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type”

Furthermore, it will not be marketed to Japanese users, with a disclaimer on the website stating that no sales or promotions will target Japan-based participants.

Source: mikamiyua.io

To counter fraud risks, Mikami will reveal only one official wallet address for SOL deposits and emphasised no other addresses will be released.

How $Mikami Plans to Engage Fans Across Phases

The project roadmap outlines a multi-phase development plan.

In the early stage, the focus is on building a digital community across Telegram, X, and meme-sharing platforms, along with launching the token’s liquidity pool on decentralised exchanges.

Phase two—titled “Awakening”—will unveil the Mikami Shrine, an interactive fan platform.

This phase includes giveaways, meme competitions, and fan events designed to deepen engagement.

Source: mikamiyua.io

The third phase shifts toward merchandise, with signed posters, limited-edition collectibles, and crossovers with the anime and Asian pop culture scenes.

The final stage, “Path to Eternity,” introduces the Mikami DAO, allowing token holders to vote on future initiatives.

This stage will also explore AI avatar interactions and potential global fan meetups or virtual concerts, aiming to blend fandom with Web3 participation.

Mikami’s Digital Presence Started Since 2021

This is not Mikami’s first venture into the crypto world.

At the height of the NFT boom in 2021, she released a limited NFT collection titled “your NFT”, featuring just 28 pieces, created in collaboration with Japanese art director Akiyama Toyoyoshi and photographer KIKUMA.

Earlier this year, she attended the Consensus crypto conference in Hong Kong, further signalling her interest in blockchain technologies.

Describing herself as a “digital pioneer,” Mikami stated on social media,

“Beauty fades. Scarcity stays. Balance reigns. The future belongs to believers.”

With a combined social media following exceeding 16 million across X, TikTok, and Instagram, her entry into Web3 is poised to attract attention, but not without serious scrutiny from crypto veterans.