According to BlockBeats, Milady's founder, known as CharlotteFang77, launched a presale of the MEME token, CULT, on June 13. The presale has successfully raised about 4809 ETH, which is approximately $16.89 million.

The presale of the CULT token is a significant event in the cryptocurrency market, demonstrating the growing interest and investment in digital currencies. The successful collection of such a substantial amount indicates the potential and trust investors have in the CULT token and the broader digital currency market.

However, it is important to note that investing in digital currencies involves risks, as the market is highly volatile. Investors should therefore conduct thorough research and consider their financial situation before investing in such ventures.