Trader Loses $90K in LLJEFFY Token Price Crash Triggered by Death Rumors

A trader experienced a significant financial loss of over $90,000 when the price of the LLJEFFY token plummeted following rumors about its creator, Jeffy Yu. The sudden drop, attributed to market speculation fueled by the false death rumor, resulted in massive sell-offs and impacted the token’s market cap, which briefly dipped below $2 million. 🤯 The incident highlights the inherent volatility of meme tokens, particularly those based on unfounded rumors or speculation.