⚠️🔥 Another and even worse aspect may come to you 🔥⚠️
🤷 One memecoin trader unfortunately suffered a loss of over 99%. He spent $1.16 million to buy $11.23 million NORMIE for $0.1035 from March 25 to April 9 and has held it until now without selling it.
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🧐Normie is a memecoin network base. A hacker broke in and took over 90% of the developer's tokens, evaporating $41.7 million from the market capitalization in just three hours. Lookonchain was the first to flag the exploit in its X post on May 26.
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With the agreement: 2.3m $ from the developer in return for 90% of the stolen hacker tokens.
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Following the hacker's offer, X was flooded with a wave of fake Normie posts, falsely claiming to announce a new token relaunch. These posts are intended to lure people into clicking on phishing links.
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📝 Thus, not everyone who invests in memes is profitable and things can come more unexpectedly than you think. Don't allin on one token, but divide it into a maximum of 2-3 tokens because too many will be difficult to manage. However, pepe is still about 5400% lower than its ATH and has a large community, so dumping all tokens or colluding between hackers and developers will be difficult or even take a long time.