Meme Coin SEND Hit by Developer Rug Pull, Plunges Over 87% in 1 Hour

BlockBeats News, August 12th, according to GMGN market data, the Meme token SEND on bonk.fun suffered a developer Rug, with its market cap dropping from a peak of $6.95 million to $500,000, representing a 87.81% price drop within 1 hour.