The market value of the ERC-20z token deployed by ZachXBT has fallen after surpassing 14 million dollars

ChainCatcher news, according to GMGN data, the market capitalization of the ERC-20z token deployed by ZachXBT exceeded 14 million USD before falling back, currently reported at 7.94 million USD, with a current price of 2250.74 USD and a 24-hour trading volume of 1.08 million USD.

notzachxbt posted on social media that the well-known on-chain detective ZachXBT deployed an ERC-20z token on the Base network on August 19, 2024, which automatically created a liquidity pool using the Zora protocol. This token is part of ZachXBT's latest investigation report and adopts Zora's new standard. A total of approximately 2800 tokens were minted, and after the minting ended, the contract automatically deployed these tokens along with a portion of ETH revenue as a locked liquidity pool. All fees are owned by ZachXBT.