Meme Coin BULLA Plunges 90% Overnight, Market Cap Drops from Nearly $400 Million at Peak to $22 Million

BlockBeats News, February 2nd, according to GMGN monitoring, on BSC, the price of the Meme coin BULLA experienced a sudden and steep drop from last night to early this morning, with a more than 90% drop in 8 hours. It started at $0.021, and the market cap plummeted from a high of nearly $400 million to around $22 million currently, with a 24-hour trading volume of $109 million.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price volatility, and investment should be approached with caution.