MemeCore ($M) Crashes 80% After ZachXBT Insider Allegations
MemeCore ($M) plummeted over 80% in 24 hours, from around $3 to $0.50, after on-chain investigator ZachXBT accused the project of insider control. The token's market cap collapsed from $7.5 billion to under $700 million, with OKX reporting a 24-hour loss of 80%. The allegations and rapid sell-off have led to widespread concern of a potential rug pull.
Detected & updated continuously · Source: Ruma
Mentioned
MemeCore (m)
@okxSources
@coingecko
$M just crashed 71% to $0.81. https://t.co/gOssesbWdM
@wublockchain12
OKX 行情数据显示，MemeCore(M) 现报 0.75911 美元，24 小时跌幅达 80%，此前链上侦探 ZachXBT 曾发文质疑 MemeCore 存在控盘现象，要求其提供支持约 60 亿美元市值（位列前 20 代币）的数据依据，并解释说明内部人士持有超过 90% 供应量的原因。https://t.co/QehZcx0opg https://t.co/GM41KC1IaY
@Crypt0_PK
what this chart is called? another crime have been committed silently in the darkness of night. memecore $M is crashed from ~$3 to $0.5, it's almost 80% down in just 1 hr. single alphabet ticker's crime season have been started now. https://t.co/gTnuxORixe
@gem_insider
can't imagine $7.5 BILLION project just rugged within 24 hours. 🤯 now down to $680M what the heck is happening right now?? $M https://t.co/Dw156GKT70
@vncrypto91
ZachXBT’s Brutal Takedown of MemeCore ($M) ZachXBT, crypto’s sharpest on-chain investigator, unleashed a scathing critique of MemeCore earlier this year. He accused the project of letting insiders control over 90% of the supply while inflating it to a $6B+ market cap. Zach