The unfortunate trader suffered a loss of over 99% on his initial $1.16 million investment following a smart contract exploit.
An unfortunate trader lost over $1 million worth of digital assets following the Normie memecoin exploit.
The memecoin trader spent over $1.16 million to buy 11.23 million Normie (NORMIE) memecoins, but his initial investment fell over 99% to just $150, according to a May 26 X post by Lookonchain:
Normie is a Base-native memecoin that suffered a smart contract exploit that wiped over $41.7 million from the token's market capitalization in just three hours. Lookonchain was the first to flag the exploit in a May 26 X post.
