BUILD, a meme token on BSC, has seen its market capitalization fall sharply to $5.88 million, according to data cited by Odaily from GMGN. The token was down 72% over the past 24 hours at the time of the update. Earlier, the BNB Chain-based meme project $BUILD had disclosed how it allocates trading-tax revenue. Under that structure, part of the tax is used to buy and accumulate $BNC, while another portion is distributed to token holders in the form of $BNC. The latest drop puts renewed focus on the token’s recent performance and the project’s previously announced tokenomics arrangement.
BUILD, a meme token on BSC, saw its market capitalization drop to $5.88 million, with a 24-hour decline of 72%, according to GMGN data cited by Odaily.
Earlier, the BNB Chain meme project $BUILD disclosed its trading-tax allocation model. Under the plan, part of the tax is used to purchase and accumulate $BNC, while another portion is distributed to holders in the form of $BNC.
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