According to @ai_9684xtpa on Twitter, the Solana market is experiencing a forced cooldown following the launch of two major presale tokens, $MIRAI and $WATCHCOIN. $MIRAI refunded 50% of presale funds, allocated only 15% of tokens to on-chain liquidity pools, and imposed a 10% buy-sell tax at launch. The presale raised 76,831 SOL, while the current market cap stands at $10.5 million. $WATCHCOIN, endorsed by Solana’s official account and founder Anatoly Yakovenko, features a team with a consistent track record. These events have heightened caution among traders, potentially reducing short-term speculative activity and impacting overall Solana trading volume and sentiment. Source: @ai_9684xtpa on Twitter, May 16, 2025.