Meme Coin Freedom of Money Drops 40% Following CZ’s Book Launch

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
The BSC-based meme coin Freedom of Money has dropped nearly 40% from its recent high, with 24-hour trading volume reaching $6.3 million. On-chain data shows the price fell 43.5% from its peak on April 7, with a current market cap of $12.9 million. ChainCatcher warns that meme coins are highly volatile and sentiment-driven, with no real utility. Investors are urged to remain cautious.

ME News reports that, as of April 9 (UTC+8), data from GMGN shows that the BSC-based meme coin Freedom of Money has continued to decline since the official release of CZ’s English-language book and the anticipated launch. As of now, the token price has dropped nearly 40% from yesterday’s high and is down 43.5% from its market cap peak on April 7. The current market cap stands at approximately $12.9 million, with a 24-hour trading volume of around $6.3 million. ChainCatcher reminds users that meme coins are highly volatile, primarily driven by market sentiment and speculative hype, with no underlying value or practical use cases—investors should exercise caution. (Source: ChainCatcher)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.