Meme Coin "1" Experiences Over 60% Cliff Dive, Slightly Rebounds After Falling Below Top 100 Wallets' Average Buy Price

BlockBeats News, January 21st, according to GMGN monitoring data, on the BSC chain, the Meme coin "1" started to decline from around $0.0164 as of 11:00 a.m. today, experiencing a continuous 3-hour downturn, reaching a low of $0.0064, followed by a slight rebound. Currently, its price is around $0.0079, with a reported market cap of $7.9 million.

According to monitoring, the average cost of the current top 100 addresses is around $0.0066, accounting for 61% of the token's total circulation; the average cost of the top 10 addresses is around $0.00787, with a holding proportion of about 24.5%. Some whales' holding costs are concentrated around the current price. In addition, most of the KOL addresses that still hold the token are currently at a loss.