As per additional data from CoinMarketCap, at around 7.20 am PST the price of OFI stood at $0.002476. However, at the time of writing, the value of the token was down by a whopping 94.39%.As per data from CoinMarketCap, Ordinals Finance joined the Ethereum network on 26 February 2023. The OFI token managed to reach an all-time high of $0.006921 almost 20 days before the deployer planned to exit the market.
Although the crypto reporter pointed out the state of memecoins, he did mention that deployers could manipulate investors after accumulating large amounts of funds. This could be considered as the order of events that went down with Ordinals Finance. Many MEME coins deployers have accumulated a large amount of funds before increasing liquidity, which means that there is a possibility of being manipulated by a certain group. MEME coins with similar behavior include WOJAK, TRAD, NEET, etc. . According to