- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
Earn- More
CLAWSTR Meme Coin Market Cap Plunges 95% in One Day, Multiple Profit-taking Addresses 'Sell the Top'
BlockBeats News, February 5th, according to GMGN monitoring, at 8:00 a.m. today, the Base ecosystem Meme coin CLAWSTR experienced a rapid 87% market value plunge. Compared to yesterday's peak, its total decline has reached 95%, with the current market value only around 900,000 US dollars and a 90% decrease in the past 24 hours.
Data shows that in this round of sell-off, multiple early buyers who had previously made profits chose to liquidate at a loss. Among them, the trader address '0xdc5' had accumulated a $175,000 position when the market value rose to $13.5 million and had realized profits at one point. Eventually, after the paper loss expanded to 70%, they exited at a loss of around $124,000. In addition, addresses such as '0x090' and '0xca6' also either bought early or added to their positions during a pullback, but ended up exiting at a loss in this downturn.
This Meme coin was jointly issued by Nostr founder Derek Ross and Bitcoin ecosystem developer Alex Gleason as the community support token for Clawstr.com. Yesterday, it surged to a $19.9 million market value.
BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and concept hype, lacks practical value or use cases, and investors should be aware of the risks.
You may also like
February 10th Key Market Information Gap, A Must-See! | Alpha Morning Report
About ERC-8004: Everything You Need to Know
ai.com's Debut Flop: After $70 Million Transaction, Did It Get a '504' Timeout?
FedNow versus The Clearing House: Who Will Win the Fed Payments Fray?
Recovering $70,000 in Lost Funds: The "Fragile Logic" Behind Bitcoin's Rebound
Mr. Beast acquires Step, Farcaster Founder Joins Tempo, what are the international crypto circles talking about today?
February 9th Market Key Intelligence, How Much Did You Miss?
After being questioned by Vitalik, L2s are collectively saying goodbye to the "cheap" era
WEEX AI Trading Hackathon Paris Workshop Reveals: How Retail Crypto Traders Can Outperform Hedge Funds
Witness how WEEX's Paris AI Trading Hackathon revealed AI's edge over human traders. Explore key strategies, live competition results & how to build your own AI trading bot.
U.S. Oil (USOR) Price Prediction 2026–2030
Key Takeaways U.S. Oil (USOR) is a speculative Solana-based crypto project that aims to index the United States…
USOR Surges on Meme Narrative Despite No Real-World Asset Backing
Key Takeaways: USOR, a Solana-based token, has seen a notable surge driven by speculative narratives rather than verifiable…
How to Buy U.S. Oil Reserve (USOR) Cryptocurrency
Key Takeaways U.S. Oil Reserve (USOR) is a Solana-based token primarily traded on decentralized exchanges (DEXs). Claims have…
USOR vs Oil ETFs: Understanding Why the ‘Oil Reserve’ Token Doesn’t Track Crude Prices
Key Takeaways The U.S. Oil Reserve (USOR) token has become noteworthy for its claims, yet it does not…
Trend Research Reduces Ether Holdings After Major Market Turbulence
Key Takeaways: Trend Research has significantly cut down its Ether holdings, moving over 404,000 ETH to exchanges recently.…
Investors Channel $258M into Crypto Startups Despite $2 Trillion Market Sell-Off
Key Takeaways: Investors pumped approximately $258 million into crypto startups in early February, highlighting continued support for blockchain-related…
NBA Star Giannis Antetokounmpo Becomes Shareholder in Prediction Market Kalshi
Key Takeaways: Giannis Antetokounmpo, the NBA’s two-time MVP, invests in the prediction market platform Kalshi as a shareholder.…
Arizona Home Invasion Targets $66 Million in Cryptocurrency: Two Teens Charged
Key Takeaways Two teenagers from California face serious felony charges for allegedly attempting to steal $66 million in…
El Salvador’s Bukele Approval Reaches Record 91.9% Despite Limited Bitcoin Use
Key Takeaways: El Salvador President Nayib Bukele enjoys a record high approval rating of 91.9% from his populace,…
App