[Solana Ecosystem Meme Coin Free Mika (MIKA) Drops by Approximately 99% in Brief, Genesis Address Transfers Half Supply and Sells] Odaily reports that Solana ecosystem Meme coin Free Mika (MIKA) experienced a price drop on October 28th. Its genesis address transferred approximately 500.44 million tokens, roughly half of the initial supply, to another wallet. About 7 seconds later, that wallet sold approximately 500.83 million MIKA on PumpSwap, resulting in a brief price drop of approximately 99% after the sale. Some reports suggest that a wallet nonce prevented the key holder from transferring funds, but the transfer used a normal recent blockhash, making it unclear whether the sale originated from an external attack or was initiated by an existing holder.