2026-01-07 06:22:25

A digital Meme coin on the Solana chain experienced a cliff drop in the past 24 hours. The project's market cap plummeted from nearly $60 million to just over $4 million, a staggering decline.

Interestingly, just as the coin price continued to decline, a new address suddenly made a move. This user spent $245,000 to buy the dip, attempting to scoop up bargains. The result? Less than ten hours into the position, the paper loss had already reached 85%. This case is quite typical—during extreme market conditions, what appears to be the bottom is often not the real bottom. On-chain data shows that similar dip-buying behavior was common during Meme coin crashes, but success rates remain questionable.

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YieldFarmRefugee

· 01-10 06:13

Haha, someone is eating the flying disc again, 245,000 just went down the drain. This is the flavor of meme coins. Bottom, bottom, always talking about the bottom, but keeps digging holes. Lost 85% in ten hours, I just want to ask how this guy is feeling now. Copying the bottom into a family, projects like Solana are just outrageous. This wave of decline will probably lead to a bunch of "HODL forever" stories. Looking at on-chain data, they still have the nerve to say there's a bottom; the bottom is at the core of the Earth. Another case of a dream of getting rich quickly shattered, too real.

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FlashLoanPhantom

· 01-10 04:33

$245,000 down to 85% loss in ten hours, this guy is incredible, truly a warrior There's always a bottom below the bottom, jumping in to buy the dip is just Meme coins are just gambling, there's nothing more to say This is why I never chase falling prices, I just run when I see the limit down A typical chase-up and sell-down pattern, just the opposite direction I think this brother is planning to treat $24.5K as tuition fees Does anyone really believe Meme coins have a bottom? LOL Signs of the team running away, I've seen too many of these sudden crashes I originally didn't plan to buy the dip, but after reading this news, I definitely don't want to touch it anymore

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GweiObserver

· 01-08 21:23

$245,000 lost 85% in ten hours. This guy must be treating bottom-fishing like gambling. Truly unbelievable.

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RektRecorder

· 01-08 16:12

Damn, this guy is really a warrior. Losing 85% in ten hours—how good is his timing for buying the dip?

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CountdownToBroke

· 01-07 06:49

Oh no, 245,000 went in and was gone in ten hours. This guy is really a brave warrior. No one can tell where the bottom is, that's how Meme coins are. Buying the dip turned into losing everything. This crappy coin has taught us another lesson. I dare not look at on-chain data, afraid to see my own name.

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WhaleWatcher

· 01-07 06:47

245,000 bottom-fishing and losing 85% in ten hours—that's the daily routine of Meme coins.

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BlockchainWorker

· 01-07 06:42

24.5 million USD bottoming out and losing 85% in less than ten hours—how strong must one’s heart be? --- Another tragic story of the "bottom-fishing hero." Meme coins are really unpredictable. --- Below the bottom, there’s still another bottom. This phrase was validated on the Solana chain. --- Losing 85% and still not fleeing—I really can't understand what this guy is thinking. --- Falling from 60 million to 4 million, this move... is a bit outrageous. --- Seeing this kind of news every day, I’ve never seen a successful bottom-fishing; it’s always a fall from the sky. --- Picking up cheap deals has instead become picking up knives; Meme coins are forever the same old trick.

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LiquidityWhisperer