Hyped 'Baby Shark' Token on Story Protocol Drops 90% as Creator Denies Authorizing Isssue
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最新报道：The "Baby Shark" token plunged 90% after Pinkfong, the brand owner, denied any affiliation with the memecoin. Issued on Story Protocol with a peak market cap of $200 million, the token dropped from $0.35 to under $0.064. IP.World, the issuing platform, admitted it relied on faulty rights from a Pinkfong licensee. Bubblemaps reported that one entity sniped $10 million worth of tokens within the first minute of trading. Pinkfong clarified that only two other Baby Shark tokens are officially endorsed.
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