# Normies

By [aundingoya.eth](https://paragraph.com/@aundingoya.eth) · 2024-05-28

---

Normie memecoin's wild ride

After a hacker exploit tanks its value by 99% in hours, the team scrambles to negotiate. The token's market cap plummeted from $42 million to $200,000.

Now, they're in talks with the hacker to return 90% of the stolen funds. But there's a catch: the hacker wants a new token launched first.

Meanwhile, Normie's price continues to nosedive, leaving holders in limbo. With its market cap bouncing back slightly, the aftermath of this exploit highlights the risks in the wild world of memecoins.

---

*Originally published on [aundingoya.eth](https://paragraph.com/@aundingoya.eth/normies)*