Meme Token CHAD Experiences Short-Term Price Drop of Over 50%, Ani and Rudi Both See Short-Term Declines

BlockBeats News, July 17th, according to GMGN market information, after Musk stated in a post that the male companion name in the Grok humanoid partner will be Valentine, the Meme token CHAD, previously thought to be the name of the male companion, briefly plummeted by over 50%, with a market cap falling to less than $500,000, having previously reached a market cap of over $10 million.

In addition, the Meme Ani and rudi related to the Grok humanoid partner both experienced a short-term decline, with Ani's market cap falling to $70 million and rudi's market cap falling to $12 million.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price volatility, and investment should be approached with caution.