According to Foresight News, Solana ecosystem DEX Raydium launched the Meme token "CTO" on the X platform yesterday using makenow.meme. Some users found that makenow.meme deployed another "CTO" token, and it was difficult for users to determine which CTO was the official token. As a result, Raydium's official Meme token CTO plummeted by more than 75% in 24 hours, with a market value of less than 1 million US dollars. Some users said they encountered problems and lost funds during the operation. Later, the Raydium team said that the experiment "did not proceed completely as expected." Perhaps affected by the incident, Raydium's token RAY fell below 2 USDT, down 5.1% on the day, and is now reported at 2.05 USDT.