On September 1, the Meme coin fable on Robinhood Chain experienced a flash crash, plunging over 90% in just two minutes. Its market cap dropped to $1.54 million, hitting a low of $760,000, with 24-hour trading volume reaching $11.7 million. Creator Kevin Ngo claimed on social media that his account was hacked.
According to GMGN market data on September 1, the new Meme coin fable on Robinhood Chain suffered a flash crash, plunging over 90% in just two minutes. The market cap currently stands at $1.54 million, having touched a low of $760,000, with 24-hour trading volume of $11.7 million.
Reports indicate that creator Kevin Ngo claimed on social media that his account had been hacked. It remains unclear whether the incident is directly related to the flash crash, and the market continues to monitor developments.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
