According to BlockBeats, Meme token BORPA experienced a sharp decline of over 90% on July 4th, with its current price standing at $0.006356. This drastic drop is attributed to the termination of its partnership with cross-chain DeFi protocol, Entangle.

Previously, BlockBeats reported that the Meme token project, BorpaToken, announced the end of its relationship with Entangle. In an effort to protect the interests of its community and achieve its goal of becoming a blue-chip meme coin, BorpaToken will take a snapshot and undergo migration. The termination of this partnership has had a significant impact on the value of BORPA, leading to its steep fall in price.