BSC meme coin MarsCoin plunges 80.12% in 1 hour as market cap falls to $6.59 million

MarsCoin, a meme coin on BSC, fell 80.12% over one hour, taking its market capitalization below $7 million to $6.59 million, according to GMGN data. The move came after earlier remarks from CZ, who said he could never completely "clean up" the meme coins sent to one of his addresses and would stop using that address so it becomes a burn address (wallet effectively taken out of circulation). Odaily said meme coin prices can fluctuate sharply and urged investors to participate cautiously.

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