A memecoin hit a $200B valuation in one day. Then it crashed over 99%. - Launched on Base on Sept 9 - Briefly priced at over $200B fully diluted - Airdrops were briefly worth over $1M each - Within hours, the price was down 98-99% - Hunter Biden said he didn't profit from it FDV is what a coin would be worth if every token were already trading. Most of the supply wasn't. If the hype came before the float, who was holding it?
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