LUCE (LUCE), listed on major centralized cryptocurrency exchanges such as Bybit, MEXC, and Kucoin, lost more than 70% of its value in seconds. In addition, many memecoins on Bybit, including MANEKI, JELLYJELLY, and AIDOGE, are experiencing sudden drops. A major memecoin whale is suspected to have liquidated.
It is currently unknown if there is a specific reason for the declines. We will update the information as soon as clear information emerges.
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On the other hand, the LUCE drop is much smaller than the recent Mantra (OM) drop. In the OM drop, approximately $5 billion was wiped off the market. LUCE, on the other hand, has a market cap of approximately $7 million.
*This is not investment advice.
Continue Reading: HOT MOMENTS: Some Altcoins Listed on Major Exchanges Are Experiencing Sudden Declines – Here’s the Latest Information
