POPA ReconMemeCore's $M Token Crashes 75% in Hours
MemeCore's $M Token Crashes 75% in Hours MemeCore's $M token collapsed roughly 75% in hours, from about $2.66 to near $0.50, wiping out close to $3 billion market cap with no hack or news to explain it. The crash follows ZachXBT's warnings that insiders control over 90% of supply, with under $100K of onchain liquidity, fueling scrutiny of why Binance, Bybit, Kraken and Bitget listed it at all. With $M's onchain market near-frozen — no transfer over $50K in two-plus weeks on BSC — the collapse is a reminder of how fragile heavily insider-held, paid-promotion tokens can be. 👉 coindesk.com/ma…
The excerpt is quoted from a public Telegram channel, which owns its text.