CoinDesk·4hBearish1 min read

MemeCore's M token suddenly crashes 80% with no clear trigger

The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M's price had been propped up by insiders.

Source: CoinDesk

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MemeCore's M token suddenly crashes 80% with no clear trigger | Cripton AI