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Solana meme coin WATER drops over 71% in 24 hours on-chain, with FDV falling below $30 million.
According to the data disclosed by SolanaFloor, WATER, the Solana on-chain Meme coin that raised over $40 million in pre-sale, has experienced a large amount of insider trading activity. Its FDV peaked at $1 billion and has now dropped significantly, falling below $30 million. CoinGecko data shows that WATER is currently trading at $0.0003002, with a 24-hour decrease of 71.2%, and FDV of $27,377,385.