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MARSCOIN Trader Wipes Out $110.7K in 2 Hours Amid CZ-Induced Price Crash

Guavy AI Editorial Team
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A MARSCOIN (MARSCOIN) trader lost $110.7K in just two hours after buying into the meme coin following a CZ burn and address pause, resulting in a staggering 90% price crash.

The trader, identified as 0xacbf, made the ill-fated purchase of 6.15M MARSCOIN for $133K worth of USDT (USDT) just before CZ announced an end to public wallet use to prevent misinterpretation.

As a result, MARSCOIN's price plummeted, forcing the trader to sell their holdings for a mere $22.4K in USDT, representing a substantial loss of over 83% of their initial investment.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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