According to on-chain data, the BAGS ecosystem has recently shown a severe divergence in performance. Once popular star tokens have collectively weakened, but new dark horses are quietly rebounding.
Looking at the biggest declines: GAS has experienced a free fall, dropping from a high of over $50 million market cap just a few days ago to now $830,000, with a 24-hour decline of 91.76%. The highest market cap token in the ecosystem, RALPH, was also not spared, now at $14 million, with a 24-hour drop of 54.66%. Others like ORY and LORIA are also weakening, with declines of 19.16% and 26.8%, respectively.
But not all is bleak in this wave of adjustment. ELIZA TOWN is exceptionally hot, with a 24-hour increase of 834%, and its market cap has surpassed $2.2 million. GOLEM is also strong, up 427%, now at $930,000. CMEM is also following the trend, with a 45% increase.
For players involved in these ecosystem tokens, remember a basic fact: most Meme coin projects lack real application scenarios and business logic. Price fluctuations are essentially a contest. Sudden surges and drops happen frequently in the short term, so you need to know how much volatility you can withstand before entering.
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WenAirdrop
· 01-20 04:03
GAS drops from 50 million to 830,000, that's just crazy, who can withstand that?
ELIZA TOWN up 834%? Is that really true? I didn't catch up.
Meme coins are just gambling, honestly there's no underlying logic.
RALPH down 54% but still the ecosystem leader, shows nothing is reliable.
Black horses come and go, in the end, you're still the one getting cut.
This wave of divergence is giving me a headache, when can I catch a bargain?
GOLEM up 427% so rapidly, I'm a bit scared.
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WenMoon42
· 01-20 04:02
GAS dropped from 50 million directly to 830,000, this is really a roller coaster... Luckily, I didn't get on board.
ELIZA up 834%?Wait, is this the signal for the bagholders to enter?
Another round of chopping the leeks has begun, the red and green light switch speed is ridiculously fast.
RALPH also collapsed, it was hyped up so much before, now it’s falling so badly.
To put it simply, the same old saying applies: meme coins are just gambling, today’s dark horse can become a knife tomorrow.
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LongTermDreamer
· 01-20 04:00
GAS directly dropped by 91%, which made me lose my composure... but you're right, this is the norm for meme coins. When I played Dogecoin three years ago, it was like this, and it's still like this now. Maybe it will still be like this three years from now, haha. Is ELIZA TOWN's 834% surge trying to catch the falling knife? I just want to watch quietly.
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ProtocolRebel
· 01-20 03:39
GAS dropped from 50 million directly to 830,000, how outrageous is that... It's just free fall, it hurts to watch. By the way, why did ELIZA TOWN suddenly jump 834%? Who benefited from this wave?
BAGS' ecosystem feels like a casino; today's star becomes waste paper tomorrow, it's a bit funny.
Yesterday, everyone was hyping RALPH, and today it was cut in half. This is the fate of Meme coins...
Don't be fooled by these numbers; nine out of ten are just games for bagholders.
Are you sure ELIZA TOWN's rise isn't a rug pull? Something just feels off.
Such a sharp decline, did it get dumped?
Playing with this kind of ecosystem coin really tests your heart; you can't stop for a moment.
According to on-chain data, the BAGS ecosystem has recently shown a severe divergence in performance. Once popular star tokens have collectively weakened, but new dark horses are quietly rebounding.
Looking at the biggest declines: GAS has experienced a free fall, dropping from a high of over $50 million market cap just a few days ago to now $830,000, with a 24-hour decline of 91.76%. The highest market cap token in the ecosystem, RALPH, was also not spared, now at $14 million, with a 24-hour drop of 54.66%. Others like ORY and LORIA are also weakening, with declines of 19.16% and 26.8%, respectively.
But not all is bleak in this wave of adjustment. ELIZA TOWN is exceptionally hot, with a 24-hour increase of 834%, and its market cap has surpassed $2.2 million. GOLEM is also strong, up 427%, now at $930,000. CMEM is also following the trend, with a 45% increase.
For players involved in these ecosystem tokens, remember a basic fact: most Meme coin projects lack real application scenarios and business logic. Price fluctuations are essentially a contest. Sudden surges and drops happen frequently in the short term, so you need to know how much volatility you can withstand before entering.