The MemeCore (M 8.20%) 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.
Today’s Change
(-8.20%) $-0.07
Current Price
$0.82
Key Data Points
Market Cap
$1.1B
Day’s Range
$0.68 – $1.02
52wk Range
$0.68 – $4.83
Volume
18.8M
Warning signs were hiding in plain sight
Crypto analysts called MemeCore a risky cryptocurrency before this sudden crash.
Most of the supply…
