Jun 26, 2024

Memecoin, Doraemon (DORAE) experienced a boom-bust pattern early Wednesday – rising to over $2 million in market value only to crash to less than $200,000 in half an hour.

Video transcript

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day meme coin Dorian Ticker Dore experienced a boom bust pattern earlier today, rising to over $2 million in market value only to crash to less than $200,000 in half hour Blockchain sleuth. Look on chain said someone sold 2.5 million Dore for 10,538 soul causing the price to crash. Look on chain wrote on X that some on chain data suggests that the person is likely the developer. That's it for today's chart of the day. I'm Jen Sani. We'll see you next time to unpack more of the data behind top news stories.

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