- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Meme Token CWIF Experiences Short-Term Plunge of Nearly 90%, Market Cap Dips to $3.48 Million Before Recovery
BlockBeats News, August 12th, according to GMGN data, the Solana-based Meme token CWIF, developed by the same team as TROLL, experienced a short-term crash of nearly 90%. Its market value plummeted from $31 million to $3.48 million, and is currently at $11 million, with a 24-hour trading volume of $24.4 million.
CWIF was previously promoted by well-known crypto KOL @AltcoinGordon and @jayxbt2012, highlighting it as the first sheep-themed token on pump.fun. They emphasized its connection to the TROLL developers and the unique narrative of the "sheep wearing a hat."
BlockBeats reminds users that Meme coins often lack practical use cases, experience high price volatility, and advises caution when investing.
You may also like
Gainers
Latest Crypto News
A certain whale address has deposited 10 million U into HyperLiquid, initiating a 20x ETH long position.
Coinbase to List Rayls (RLS)
Spot Silver Surges Over 3% Intraday
Circle minted 7.5 billion USDC on the Solana network in the last 5 minutes.
In the past 4 hours, the entire network has seen $320 million in liquidations, with most of them coming from long positions.
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App