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Success in a Flash: Token Plummets Over 30% in Short Time, Some Traders Switch to 'I'm Here on a Horse'
Summary: According to GMGN monitoring, at 3:00 PM today, following the sharp rise of 'I'm Here on a Horse' on Binance Alpha, the price of the Success token experienced a significant drop of nearly 30% during the same period, hitting a low of $0.001 before rebounding to around $0.0012, with a market value of approximately $1.22 ...
According to GMGN monitoring, at 3:00 PM today, following the sharp rise of 'I'm Here on a Horse' on Binance Alpha, the price of the Success token experienced a significant drop of nearly 30% during the same period, hitting a low of $0.001 before rebounding to around $0.0012, with a market value of approximately $1.22 million.
Additionally, in the past 24 hours, addresses ranked fourth and fifth on the 'I'm Here on a Horse' buy list (0x443) (0xf88) and the sixth on the Success token sell list (0xad8) have all conducted switching operations during the Alpha phase or earlier. Among them, address (0xad8) bought around 1.66 million tokens at the price peak of $0.0057 after switching some positions to 'I'm Here on a Horse', with the current position showing a loss of approximately 26%.
Users are reminded that meme coin trading is highly volatile, heavily reliant on market sentiment and concepts, with no actual value or use case. Investors should be cautious of the risks involved.
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Link: Success in a Flash: Token Plummets Over 30% in Short Time, Some Traders Switch to 'I'm Here on a Horse' [Copy]
