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The MemeCore (M) token crashed by 80%. Its valuation (FDV) collapsed from $14 billion to $3.8 billion, and the token itself dropped out of the top 25 coins by market capitalization.
ZachXBT noted that over the past two weeks, there have been no transactions with MemeCore on the BNB Chain network exceeding $50,000, and the total liquidity of the token in the network is less than $100,000.
He called on major exchanges to explain why they listed M. According to the detective, such tokens harm the reputation of the crypto industry and continue to drain money from retail buyers.