【Blockchain Rhythm】The BAGS ecosystem has recently experienced a significant collective correction in the last trading day. According to on-chain data tracking, several popular tokens are under pressure.
Specifically, RALPH’s market capitalization has fallen to around $25.4 million, with a single-day decline of over 35%. GAS has dropped even more sharply, with a market cap of $15.8 million, falling nearly 45% within 24 hours. LORIA is relatively milder, with a market cap of $1.9 million and a decline of 18.6%. But CMEM is quite tragic — with a market cap of only $1.6 million, its decline has approached 53%. ORY, with a market cap of $1.45 million, has fallen over 27% in 24 hours.
The entire ecosystem is declining, with drops ranging from 20% to 50%. It’s important to note that projects like Meme coins generally lack real application scenarios to support their value, and their prices are inherently very volatile, making the risk of chasing high prices particularly high. When investing in such products, everyone should be aware of this.
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NFTRegretDiary
· 1h ago
Another meme ecosystem has collapsed, this time it's BAGS's turn
53%? CMEM is really outrageous, they were just hyping it up yesterday
Those chasing the high should take a look at this, a textbook case of blood loss
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RektButAlive
· 01-18 06:28
Another wave of collective plummets, is the BAGS ecosystem about to fail?
CMEM is almost cut in half, who can withstand this...
Meme coins are like this, they are too gambling-oriented.
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ponzi_poet
· 01-18 06:27
Another wave of plunge, BAGS ecosystem collapsing, I really can't stand this pace.
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OnChainArchaeologist
· 01-18 06:17
Another round of collective dumping. Is the BAGS ecosystem going to fail?
Everyone's gone, but the coins are still dropping.
CMEM was directly halved; this is the fate of memes.
Honestly, this kind of thing should have been sold long ago.
The decline ranges from 20% to 50%. Haha, choose the wrong one and you immediately lose half your investment.
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LayerHopper
· 01-18 06:12
Here we go again, the BAGS coins are dragging each other down, CMEM is almost cut in half, this is the fate of meme coins.
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GAS drops 45%? I knew it would happen, when the ecosystem coin collapses, everything collapses. Who dares to chase now?
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RALPH dropping over 35% is nothing, CMEM is the real killer, dropping directly 53%. How many people got liquidated?
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The meme ecosystem is like this, without fundamental support, it will be washed out sooner or later. Let’s see who gets cut.
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The entire BAGS ecosystem is struggling, luckily I didn’t go all-in, just paying tuition fees.
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A drop of 20 to 50 percent, pick any. This wave is really brutal. Is anyone bottom fishing?
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I just want to know when CMEM will stop bleeding. Such a drop is really despairing.
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Honestly, meme coins are inherently gambling, such sharp declines are normal. The question is whether you have the skill to bottom fish.
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RALPH and GAS are plunging together, it feels like the entire ecosystem is unwanted now. Cold.
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GasDevourer
· 01-18 06:07
Here we go again, the BAGS ecosystem is collapsing collectively. This time, players are really getting slaughtered.
CMEM has already gone over fifty, this is the result of buying Meme coins.
I've been saying not to chase the high, but some people still insist on being the last bagholder.
BAGS ecosystem tokens collectively retrace, RALPH drops over 35%, CMEM approaches 53%
【Blockchain Rhythm】The BAGS ecosystem has recently experienced a significant collective correction in the last trading day. According to on-chain data tracking, several popular tokens are under pressure.
Specifically, RALPH’s market capitalization has fallen to around $25.4 million, with a single-day decline of over 35%. GAS has dropped even more sharply, with a market cap of $15.8 million, falling nearly 45% within 24 hours. LORIA is relatively milder, with a market cap of $1.9 million and a decline of 18.6%. But CMEM is quite tragic — with a market cap of only $1.6 million, its decline has approached 53%. ORY, with a market cap of $1.45 million, has fallen over 27% in 24 hours.
The entire ecosystem is declining, with drops ranging from 20% to 50%. It’s important to note that projects like Meme coins generally lack real application scenarios to support their value, and their prices are inherently very volatile, making the risk of chasing high prices particularly high. When investing in such products, everyone should be aware of this.