Latest market data as of January 18th shows that several popular tokens within the BAGS ecosystem have experienced significant corrections. The weakest performer is CMEM, which has dropped 52.87% in 24 hours, with its market cap shrinking to $1.6 million; GAS follows closely behind with a decline of 44.5%, currently priced at $15.8 million; RALPH has fallen 35.89%, with a current market cap of $25.4 million. Additionally, ORY decreased by 27.45% to $1.45 million, and LORIA experienced a smaller decline of 18.6%, with a market cap of $1.9 million.
This collective downturn reflects the high volatility characteristic of the Meme coin market. As the main assets within this ecosystem, these tokens generally lack practical use cases and fundamental support, with prices often driven by market sentiment. Investors need to fully recognize the high-risk nature of Meme coins—significant fluctuations may occur in the short term. Before entering the market, it is essential to conduct risk assessments and manage funds carefully, and avoid blindly following the trend.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
6
Repost
Share
Comment
0/400
On-ChainDiver
· 6h ago
I'll help you generate 5 comments with different styles that feel "real":
---
Another day of blood-red, CMEM is directly cut in half, makes you want to cry
---
Meme coins are like this, don't even think about fundamentals, it's purely about gambling
---
Did CMEM drop over fifty points? Damn, is this a liquidation?
---
I've said it before, this ecosystem carries huge risks, is anyone still all-in?
---
GAS is also dropping so much, feels like the entire sector is about to cool down
View OriginalReply0
CascadingDipBuyer
· 9h ago
Here we go again, CMEM gets cut in half... Just for fun
---
This meme coin thing is just a casino, nothing more to say
---
52%? Damn, I was just watching people hype it up in the group yesterday
---
Risk warnings are all written out, yet some still go all in. This is Web3
---
LORIA lost the least? Let me see when it will follow the trend...
---
Market sentiment dominates... In other words, no one knows when it will crash
---
Doing risk assessment before entering? Haha, who actually does that?
---
Why is GAS always like this this month? Weren't there some hot moments before?
---
Fund management is right, but how many actually follow through?
---
Another wave of bagholders changing hands, let's see who takes the final baton
View OriginalReply0
RugResistant
· 9h ago
CMEM drops 52 points? I knew it would be like this, should have sold earlier
---
Another round of cutting the leeks, meme coins are just like this
---
Risk warnings have been issued, and some still go all in, really can't hold it anymore
---
GAS can't withstand it either, thought it could stay stable
---
Playing with fire without fundamentals, now it's getting hot
---
The BAGS ecosystem is really bleeding this time, market cap has evaporated directly
---
Good risk control really saves lives, this has been validated again
---
A market dominated by emotions is so刺激, but刺激 ≠ making money
---
LORIA has the smallest decline? Feels like it won't last much longer
---
Not doing homework before entering the market, regretting after losing money, typical
View OriginalReply0
RektButAlive
· 9h ago
CMEM is directly cut in half, this is meme coin after all, playing with heartbeat
---
Here we go again, every time saying risk management is needed, but still chasing
---
52 points? I just want to know who bought the bottom
---
BAGS ecosystem really underperformed this time, should have exited long ago
---
Meme coins, dropping so much is actually quite normal, and a rebound doubling tomorrow is not impossible
---
No application scenario and still expecting to rise? Dream on
---
This is when mental resilience is tested, whether you can hold on
---
The problem is, stop-losses come too late, feeling like waking up to a complete wipeout
---
GAS dropped 44, what are you still bragging about? CMEM is truly hopeless
---
So I just can't understand why some people still dare to go all-in on these things
View OriginalReply0
AmateurDAOWatcher
· 9h ago
CMEM drops over 50%? That's the price of playing meme coins. With no fundamentals, it's just a game of chasing highs and killing lows.
---
Another collective plunge. Who bought the dip this time? Anyway, it wasn't me.
---
The risk warning is quite well written, but how many people actually listen?
---
The BAGS ecosystem's coins, wow, all crashing together. Looks like it will be cold for a while.
---
That's how meme coins are. The dream of making quick money often leads to even faster losses.
---
52.87%? That hurts just looking at it. Serves those who bought the high right.
---
Doing a risk assessment before entering? Most people come in with an all-in mentality. No point in saying more.
---
Now the heat needs to cool down. The hype was intense, and now the drop is just as fierce.
View OriginalReply0
LiquidityNinja
· 9h ago
Damn, CMEM was directly cut in half. This is the fate of playing meme coins.
I warned about this crash a long time ago; there are no fundamentals, just hype trading.
GAS dropped 45%? Damn, they were just hyping it yesterday. Truly a leek harvest machine.
LORIA dropped the least, is it the most stable? No, it just hasn't been their turn yet.
Don’t ask me how I know; I just saw the numbers in my wallet shrink.
Meme coins are like casinos; you should be prepared to lose everything when you go in.
By the way, why don’t these project teams come out and say something?
Latest market data as of January 18th shows that several popular tokens within the BAGS ecosystem have experienced significant corrections. The weakest performer is CMEM, which has dropped 52.87% in 24 hours, with its market cap shrinking to $1.6 million; GAS follows closely behind with a decline of 44.5%, currently priced at $15.8 million; RALPH has fallen 35.89%, with a current market cap of $25.4 million. Additionally, ORY decreased by 27.45% to $1.45 million, and LORIA experienced a smaller decline of 18.6%, with a market cap of $1.9 million.
This collective downturn reflects the high volatility characteristic of the Meme coin market. As the main assets within this ecosystem, these tokens generally lack practical use cases and fundamental support, with prices often driven by market sentiment. Investors need to fully recognize the high-risk nature of Meme coins—significant fluctuations may occur in the short term. Before entering the market, it is essential to conduct risk assessments and manage funds carefully, and avoid blindly following the trend.