A big crash just happened in $MEMEFI. The price dropped from around $0.0063 to as low as $0.0021, losing more than 58% in just one hour. This kind of fall is shocking, especially because the overall market is still strong and moving up. Many traders were not ready for this, and some may have lost a lot of money in just minutes.
This is not the first time something like this has happened. In the last few weeks, coins like $OM and $LAYER also fell very hard without any big news. Most of the time, these drops happen because of weak support, high leverage trading, or some people selling large amounts at once. When that happens, the price falls fast, and it’s hard to stop it.
This shows us a strong lesson: not all coins are safe, even in a bull market. It’s important to check the coin’s volume, support level, and trading history before buying. Always use stop-loss and don’t go all-in on one token, especially if it’s a meme coin or very new.