Conor McGregor's new memecoin, dubbed $REAL, has failed to meet its presale fundraising goal, raising only $392,000 against a target of $1 million. The presale, which lasted 28 hours, attracted 668 investors but fell short by 61%. As a result, the developers from the Real World Gaming DAO announced that all bids would be refunded. The team emphasized the importance of transparency in their statement, indicating a commitment to returning funds to contributors. Despite a strong marketing push, the presale's failure raises questions about McGregor's influence in the cryptocurrency market and the overall state of the crypto landscape.