Popular rapper Sexyy Red has introduced the PRESI token amidst excitement and controversy. Reports surfaced of a trader claiming to have turned $3,664 into $57,000 during its initial surge. However, concerns were raised by blockchain investigator ZachXBT, highlighting that Sexyy Red's team had acquired 90% of the token's supply during the presale, with similar patterns seen in another recent token launch. These developments coincide with significant attention, as Sexyy Red boasts a substantial following of 1.7 million on a major platform.