BAGS Ecosystem Token Faces Widespread Drop, RALPH and GAS Both Down Over 35%

BlockBeats News, January 18th, according to GMGN data, popular BAGS ecosystem tokens experienced a general decline, including:

RALPH's market cap is now $25.4 million, with a 24-hour decrease of 35.89%;

GAS's market cap is now $15.8 million, with a 24-hour decrease of 44.5%;

LORIA's market cap is now $1.9 million, with a 24-hour decrease of 18.6%;

CMEM's market cap is now $1.6 million, with a 24-hour decrease of 52.87%;

ORY's market cap is now $1.45 million, with a 24-hour decrease of 27.45%.

BlockBeats reminds users that many meme coins have no actual use case, experience significant price volatility, and investment should be exercised with caution.