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.
MemeCore's M token crashed 80% from $3 to $0.50 in hours, erasing nearly $3 billion in market value. The sudden drop occurred without any clear trigger, exploit, or official announcement. An earlier warning from ZachXBT suggested the token's price was artificially inflated by…
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