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Kevin Ngo Reaffirms Hack and No Endorsement of Any Token, Meme Coin fable’s Market Cap Drops Below $500,000 Again

2026-09-01 11:20

Odaily Planet Daily News AI-generated artist Kevin Ngo, after his account was hacked, reiterated the attack in a follow-up post, stating: “I was hacked, I don’t endorse any coin.”

Possibly affected by this, according to GMGN data, the market cap of Meme coin fable has once again fallen below $500,000 after a brief rebound, now reporting $454,700, with a 22.82% drop in 5 minutes and an 88.14% drop in 1 hour.

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