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MemeCore's M token plunged about 74 percent in 24 hours, wiping out nearly $3 billion in market value as its price fell from around $2.92 to about 74 cents. The sharp drop came on thin trading volume of roughly $21 million and without any confirmed news, exploit or hack. On-chain investigator ZachXBT previously alleged insider manipulation.
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Summary by ByteBrief
SpaceX stock drops 20% from peak