USDP's market capitalization reached 150 million USD today before rapidly collapsing, now falling to around 30 million USD.

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Odaily News According to GMGN data, the stablecoin narrative Memecoin USDP reached a market capitalization of 150 million USD today before rapidly collapsing, now down to about 30 million USD. The sniper and largest holder: 2QPFb2…QMZcPd spent only $301.57 to purchase 6.71% of the total supply, with unrealized gains at one point exceeding 9 million USD, now having retraced to about 2 million USD. Notably, the USDP bundle ratio is 6.7%, with over 999 bundle transactions.

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