BSC-based meme token Hakimi has seen its market capitalization cut in half and fall below the $40 million mark, according to market data from GMGN. The token was last quoted at $37.32 million in market cap, while its 24-hour decline stood at 12.69%. The update was cited by ChainCatcher in a short market report. The report also carried a risk reminder, noting that meme-token prices can swing sharply and that investors should participate with caution. No additional trading details, on-chain metrics, or catalyst for the move were provided in the source item.
BSC meme token Hakimi has fallen below a $40 million market capitalization after its value was cut in half, according to GMGN market data cited by ChainCatcher.
The token's market cap was last reported at $37.32 million, with a 24-hour decline of 12.69%.
A market note in the report also reminded users that meme-token prices can be highly volatile and said investors should take caution.
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