Price Crash

Memecore (M) saw its price plummet by 40% in two hours, sparking fears of a rug pull after a large holder, Meson Finance, sold a significant portion of its tokens. The price has partially recovered, but the incident highlights the volatility of memecoins.

Bitcoin’s price has plummeted, with realized losses reaching levels not seen since the FTX collapse in 2022. Short-term holders are capitulating as market sentiment hits ‘Extreme Fear’, raising questions about the end of the bull market and when a price bottom might be in sight.