The crypto community's presale boom has been warned by leading projects, market makers, and others in the industry.

Solana co-founder Anatoly Yakovenko said, "I wish this would stop," citing statistics showing that Solana (SOL) related token presales raised 65.5 million SOL ($122 million). Recently, there have been a number of SOL-based meme coin token pre-sales organized by communities like X. The top three...