#M coin saw an 85% drop 📈📉
#memecore #m https://t.co/HoyAE577Pv
#M coin saw an 85% drop 📈📉
#memecore #m https://t.co/HoyAE577Pv
CZ is right.
Sad to see EU cutting their users off the best exchange in terms of customer protection. https://t.co/ZuFwKaFzcQ
$M just erased billions in value\n\n@MemeCore_M fell from nearly $2.9 to below $0.8, wiping out billions in FDV in just hours With No hack, exploit, or any negative announcement\n\n🔸The token previously traded at valuations above $15B FDV, yet relatively small selling pressure triggered a massive drawdown. How much liquidity actually existed beneath the valuation?\n\n🔸Several concerns had been circulating for months:\n- extremely concentrated token ownership\n- limited circulating supply\n- very thin secondary market liquidity\n- heavy reliance on marketing and incentive programs\n\n🔸It took just $20M in volume to erase billions in value\nThis isn't the first time crypto has seen multi-billion valuations supported by limited float\n\nAnd it probably won't be the last\n\n Valuation or liquidity?
-3B in market cap and -40% off the Memecore $M token price in one day from a single post\n\n> ZachXBT conducted an investigation and believes that at a $6B mcap, 99.6% of the supply is held by insiders\n\n> MLM also claims that out of the 1.29B circulation listed on sites, only 230M is unlocked\n\n> Which means only 9.7M tokens are not in insiders’ hands, the token price reacts sharply, be careful with futures positions\n\nCheck the $M price directly on goodcryptoX here\nhttps://t.co/ikTrAgekEQ