McGregor’s $REAL Memecoin Flops, Falls Short of $1 Million Presale Goal!

Updated

April 8, 2025

Gambar McGregor’s $REAL Memecoin Flops, Falls Short of $1 Million Presale Goal!

Jakarta, Pintu News—UFC star Conor McGregor’s crypto debut didn’t go as expected after his meme coin, REAL, only garnered 31% of its minimum pre-sale target.

The much-hyped meme coin raised only $392,000 of its $1 million target in a 28-hour pre-sale. As a result, the project was paused, and all funds raised were returned to investors.

Check out the full news below!

Presale that Didn’t Meet Expectations

We need to be real.
We didn't hit our minimum raise.
All bids will be refunded in full.
This is not the end.
— Real World Gaming (@getrealtoken) April 6, 2025

The REAL memecoin pre-sale utilizes a closed auction format that aims to create transparency and fairness. The team, backed by the Real World Gaming DAO (RWG), aims to raise $3.6 million by selling 60 million tokens (3% of the total supply) at a starting price of $0.06 per token.

However, only 668 participants were involved, and the raised amount did not reach half the minimum target set. With this failure, RWG announced that all funds raised would be returned to investors.

McGregor and his team have been promoting REAL as a more honest alternative to other celebrity-backed tokens, which are often criticized and involved in fraud scandals. They promise that REAL will differ by offering transparency, DAO voting rights, and potential uses in the gaming ecosystem.

Structure and Long-term Plan

REAL’s token structure shows long-term planning with 31.5% of the total supply going to the DAO treasury, 16.5% to the community, 13.5% to early investors, and 10% to the team. The rest of the supply is distributed for staking, sales, airdrops, and liquidity. However, there are already concerns regarding the 10% portion received by the team, which raises questions about potential conflicts of interest.

Despite support from big players like Animoca Brands and KuCoin Labs, this launch comes at a time when the market is unstable. The meme coin market is still recovering from major scandals, such as the LIBRA meme coin scandal in February. The failure of REAL tokens shows that celebrity endorsements alone cannot push a project forward.

The Future of Memecoin and the Role of Celebrities

This failure raises big questions about the future of memecoin and the role of celebrities in the crypto industry. Although the project will continue in some capacity, the token launch has been postponed for now.

This shows that investors are becoming more cautious and considering the fundamental aspects of crypto projects, especially after a series of scandals involving celebrity-backed tokens.

Volatile crypto markets and instances of fraud involving celebrities show that trust and transparency are crucial. Projects that can offer both of these aspects, along with real utility and strong community support, will probably be more successful in the long run.

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