RALPH Token Plummets 97% Following Developer Sell-Off

2026-01-23 21:08

The RALPH token has experienced a dramatic 97% decline after its developers offloaded their holdings, according to blockchain analytics platform Bubblemaps. The sell-off has led to 70% of traders liquidating their positions, while the remaining 30% continue to hold, incurring losses totaling $2 million. The initial sell-off by developers involved $300,000 worth of tokens, which triggered an 80% price drop, exacerbating the token's downward spiral.

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