KittyFi concept is out of business, GME, KITTY and other concept coins plummeted by more than 50% in 24 hours

Followin news, OKX web3 wallet data shows that in the past 24 hours, Kitty concept coins have generally fallen and collapsed. Among them, Solana chain KITTY fell 67%, GME fell 54%, WSB fell 69%, and AMC fell 71%. If we look at the retracement from highs, taking GME as an example, the retracement reached 62%, and the same is true for other Kitty concept MEME. Although Ferrari's future concept coin FFIE still has a 24-hour increase of 225%, the retracement from the high point has also reached 80%. The reason may be because of the sharp drop in the U.S. stock GME. Data shows that the U.S. stock fell from a high of US$64.8 to US$39, triggering a circuit breaker, and fell 18% on the 15th. At present, the after-hours decline is 9.48%