MEME Falls Below $90 Million as Top fomo Traders Split on Positioning
MEME extended its decline on the evening of Sept. 4, with its market capitalization slipping below $90 million to $85.18 million, according to GMGN market data. The pullback exposed a clear divide among leading users on the fomo platform. Change, who has 338,000 followers on the platform, put in nearly $38,000 in total and began trimming MEME from this afternoon, leaving the position with an overall floating loss of 9.13%. By contrast, @yaevwastaken, who has 3,338 followers, added to the position against the move and has accumulated nearly $50,000 worth of MEME at an average entry valuation of $102.5 million. @rasmr, with 48,910 followers, sold $24,000 of MEME 11 minutes earlier, though the account still shows cumulative profit of $818,000 on the position. DeGods founder @frankdegods, who bought $1,491 worth of MEME this morning at a $135,000 market cap, has not reduced the position, and the unrealized profit has narrowed to $934,000. BlockBeats also noted that Bonk Guy did not participate in this round of MEME trading.








