📉#Blockchain News: Memefund Market Value Plummets!🚀
In the past week, the main Memefund funds on Daos.fun have seen a significant decrease in market value, with ai16z and Norm Capital leading the decline, with market values dropping by over 80%. Analysts point out that the initial market frenzy seems to be rapidly fading.
It is worth noting that ai16z's market value fell from $130 million to $23.8 million, while Norm Capital's market value also dropped from $170,000 to $25,000. Holders may face selling restrictions, what do you think? 💬 Feel free to discuss in the comments!