Wu said that ZachXBT posted a question challenging MemeCore. While claiming to have received official recognition from Grayscale, MemeCore was asked to provide data supporting a market capitalization of around $6 billion (ranking among the top 20 tokens) and to explain why insiders hold over 90% of the supply; he also pointed out that tokens like RAVE show signs of manipulation on centralized exchanges, having entered the top 15 by market cap and then dropping 95% within a few hours over 10 days. Projects with similar price behaviors include SIREN, MYX, COAI, M, PIPPIN, and RIVER.

M-1,72%
RAVE0,82%
SIREN-6,81%
MYX10,34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin