MarsCoin's market cap falls below $7 million, dropping over 80% in one hour

According to Odaily Planet Daily, data from GMGN shows that MarsCoin's market cap has fallen below $7 million, currently reported at $6.59 million, a one-hour decline of 80.12%.

CZ previously responded to the burning of Meme coins, stating that he could never "clean up" the meme coins in his address, and therefore would stop using the relevant address, turning it into a burn address.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.