BlockBeats news: On January 22, according to information disclosed by Bubblemaps, the developer of RALPH, a meme coin in the BAGS ecosystem, dumped tokens worth approximately $300,000, causing the price to drop by 80%. Currently, the associated address (cluster) still holds about 3% of the total token supply.
The market value of RALPH is temporarily reported at $6.16 million, having dropped more than 89% from its highest market value of $59 million today.
