bitcoin
Bitcoin (BTC) $ 67,698.14
ethereum
Ethereum (ETH) $ 3,451.26
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 591.81
xrp
XRP (XRP) $ 0.609912
cardano
Cardano (ADA) $ 0.427275
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.532469
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.138737
okb
OKB (OKB) $ 41.19
polkadot
Polkadot (DOT) $ 6.13
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.133313
uniswap
Uniswap (UNI) $ 7.84
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,625.12
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 71.43
staked-ether
Lido Staked Ether (STETH) $ 3,448.88
solana
Solana (SOL) $ 178.75
avalanche-2
Avalanche (AVAX) $ 32.03
chainlink
Chainlink (LINK) $ 14.00
cosmos
Cosmos Hub (ATOM) $ 6.30
the-open-network
Toncoin (TON) $ 6.98
ethereum-classic
Ethereum Classic (ETC) $ 23.38
leo-token
LEO Token (LEO) $ 5.82
filecoin
Filecoin (FIL) $ 4.60
bitcoin-cash
Bitcoin Cash (BCH) $ 389.17
monero
Monero (XMR) $ 160.54
bitcoin
Bitcoin (BTC) $ 67,698.14
ethereum
Ethereum (ETH) $ 3,451.26
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 591.81
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.609912
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.138737
cardano
Cardano (ADA) $ 0.427275
solana
Solana (SOL) $ 178.75
matic-network
Polygon (MATIC) $ 0.532469
polkadot
Polkadot (DOT) $ 6.13
tron
TRON (TRX) $ 0.133313

Cardano Meme Coin Crashes 96% in Hour After ADA Creator Says This

Must Read

The value of a brand new meme coin on Cardano, RIO, collapsed over 96% in a single hour at the moment. As all the time within the crypto market, such a painful worth efficiency has a dramatic justification, and this time it was a remark from blockchain founder Charles Hoskinson on social media.

However let’s begin so as.

Memes take over Cardano

In current weeks, Cardano has shaped a brand new narrative with the meme cryptocurrencies set by the emergence of Nike. This meme coin, primarily based on the picture and named after the pig of Cardano founder Charles Hoskinson, rapidly gained reputation, multi-million greenback capitalization and, because it occurs, created an entire wave of comparable cryptocurrencies.

Curiously, most of those tasks are primarily based on the photographs of animals of Hoskinson, who along with his posts supplied lots of assist to the eye of the identical Nike. That is how the RIO token was born, utilizing the picture of a parrot that Cardano founder posted in 2021.

A Cardano fanatic requested Hoskinson what he considered the coin, to which he replied that the parrot’s actual identify was Daisy. As you may perceive, as a result of irrelevance of the identify Rio, this meme cryptocurrency was subjected to a sell-off and because of this its worth collapsed by greater than 96%.

Daisy is her identify

— Charles Hoskinson (@IOHK_Charles) June 26, 2024

Now, the worth of the token has recovered a few of that decline, however whether or not it will likely be in a position to return to earlier ranges of public notion stays a giant query.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Studio 369 Expands MetalCore IP, Launches MetalCore Arena

What's MetalCore Enviornment?MetalCore Enviornment is an idle battler the place gamers kind and practice groups of mechanized items and...
- Advertisement -

More Articles Like This