9GAG's Memeland MEME trades 99% below its record as Captainz NFT floor collapses from 9.73 ETH to 0.02 ETH
- —MEME trades at $0.000515 with a $33.4 million market cap and $4.9 million in 24-hour volume
- —Captainz floor sits at 0.01999 ETH ($49.65) with just 0.10 ETH of daily volume
- —64.77 billion of the 69 billion MEME supply is circulating, held by about 738,000 addresses
- —Potatoz now outranks Captainz with a 0.025 ETH floor versus 0.01999 ETH
Why it matters: The case shows how meme tokens and NFT collections tied to major brands can lose nearly all their value after the 2024 hype cycle.
Source: CryptoTicker