Meme coin DORAE fell more than 98% in the past hour, and its market value dropped from US$2 billion to US$26.9 million

According to TechFlow, the meme coin Doraemon (DORAE) on the Solana chain has fallen by more than 98% in the past hour, temporarily reporting $0.027. The market value of the token once rose to $2 billion, and the current market value is $26.9 million, with a liquidity of $517,000.

This token has large fluctuations, please pay attention to the safety of your funds. This is not an investment advice, DYOR.

Earlier today, it was reported that the market value of Meme coin Doraemon (DORAE) exceeded 1 billion US dollars, with an increase of more than 10,000 times in 24 hours.