Normie Meme Coin Crashes 99% After Major Exploit & Hacker Attack

Normie Meme Coin Crashes 99% After Major Exploit & Hacker Attack

Published Monday 27th May 2024

Normie, a meme token on the BASE blockchain, recently made headlines after experiencing a major exploit that led to a significant crash in its value. The exploit resulted in the token's value plummeting by over 99%, from a high of $40 million to less than $200,000 in a matter of minutes. This massive drop in value left investors and traders shocked and scrambling to understand what had happened to the once-promising token.

The exploit and subsequent hacker attack on Normie's platform raised serious concerns about the security and overall reliability of meme coins and tokens. Meme coins, such as Normie, have gained popularity in recent years due to their humorous and lighthearted nature. However, incidents like this highlight the risks associated with investing in such assets, as they are often more susceptible to vulnerabilities and attacks compared to traditional cryptocurrencies.

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