<h1>New Meme Crypto Presale Raises $16M with Layer 2 Utility and Launchpad for New Tokens</h1> A new meme cryptocurrency project has launched a presale raising nearly $16 million, promoting itself as a Layer 2 blockchain dedicated to meme coins with built-in utility and a launchpad to support new tokens. The project plans listings on major centralized exchanges and is incentivizing community engagement through giveaways. Drawing parallels to a 2021 meme coin that yielded extraordinary returns for early investors, the release advises a tiered profit-taking strategy to mitigate risks associated with market volatility and speculative hype. It highlights risks such as coordinated large-holder sell-offs, late entry losses, and poor risk management that affected past investors. The suggested approach involves selling portions of holdings at predefined multiples of the initial price, monitoring exchange listings and social media trends as catalysts, and avoiding greed-driven decisions to maximize returns while minimizing potential losses.