2026-01-13 09:22:02

Former NYC mayor's memecoin hit $580M market cap—then crashed 80% in minutes. A wild ride that's becoming all too familiar in the memecoin space. One moment you're riding the hype wave, the next you're watching your portfolio evaporate. The speed of the collapse raises serious questions about liquidity, market manipulation, and whether retail investors are being set up for disaster. This kind of volatility isn't accidental—it's a pattern worth paying attention to.

MEME-2,72%

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SighingCashier

· 4h ago

580 to 116 is just a matter of a few minutes. I've seen this trick too many times; someone should have already taken care of these people.

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CoffeeNFTrader

· 01-14 16:09

It's the same old trick... the veteran players' old routine of harvesting newbies.

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TokenomicsTrapper

· 01-14 10:00

lmaooo actually if you read the contract you'd see the vesting unlock was literally scheduled for today. called this months ago when everyone was fomo'ing in. textbook exit pump pattern right there

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GamefiGreenie

· 01-13 23:56

80% in one minute? Isn't this just a trap to harvest the little guys? Truly unbelievable.

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bridgeOops

· 01-13 09:52

580M rug pull in seconds, this move is really incredible... the big players are getting more and more skilled at cutting leeks.

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FlatTax

· 01-13 09:47

It's the same old trick again; this time, they just used a celebrity to scam the newbies.

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PretendingToReadDocs

· 01-13 09:41

Drop 80% within 5.8 million seconds? That's why I don't touch memecoins unless I want to teach myself a lesson in losing money.

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SnapshotStriker

· 01-13 09:34

This is the same old trick again, vampires draining liquidity and then running away.

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Layer2Arbitrageur

· 01-13 09:24

lmao $580M → dust in minutes? ngl that liquidity depth was mathematically nonexistent from day one. if you actually ran the numbers on order book concentration, the MEV extraction window was screaming obvious. this is what happens when you ignore basis point spreads and flash loan vectors—classic retail trap tbh

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