How the MemeCore Crypto Crashed 71% This Week

Yahoo Finance ·

The MemeCore ( M 9.85% ) cryptocurrency plunged this week, according to data from S&P Global Market Intelligence . From last Friday's market close to 11 a.m. ET on June 26, the meme coin platform lost 70.8% of its total market value. After the plunge, MemeCore's market cap stands at $1.1 billion. The price fell from $3 to $0.50 per token between 8:30 p.m. ET and 9:00 p.m. ET on Wednesday evening, highlighting the risks of thinly traded assets with limited liquidity .

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