Meme Coin ASTEROID Market Cap Falls Below $3 Million, Plunges Over 50% in 20 Minutes

August 1st, according to GMGN market data, the market capitalization of the Meme coin ASTEROID on BNB Chain has dropped below $3 million, with a 52.59% price drop in 20 minutes.

Earlier reports indicated that the BNB Chain official team stated that a former employee released a new Meme token (referring to ASTEROID) using the original official test wallet without authorization, and legal action has been taken.