After rising 250% yesterday, the Meme coin "Lobster" plummeted 75% today and returned to its original price.

According to BlockBeats news, on October 2, according to GMGN market data, the Meme coin "Lobster" on BSC rose 250% yesterday, once touching a market value of US$112 million. Since then, the Meme coin has plummeted 75% and returned to its original price today, with a market value of US$29.4 million.

According to Lookonchain monitoring, 58bro.eth (@0x58bro) withdrew 3.55 million "lobsters" (worth $301,000) from Gate 21 hours ago at a price of $0.085, and then deposited them back to Gate 4 hours ago at a price of $0.028. $200,000 lost in less than 20 hours.