Block drops over 30% in 24 hours, with current market capitalization at 111 million USD

BlockBeats News, on September 1, according to GMGN market data, the token of the WLFI-related project Block has dropped by 33.52% in the past 24 hours. Its current market capitalization is reported at $111 million, and the token price is temporarily at $0.1093.

BlockBeats Note: Block co-founder Matthew Morgan is an advisor to WLFI and also serves as the CIO (Chief Information Officer) of ALT5 Sigma, a Nasdaq-listed company that raised $1.5 billion to launch the WLFI treasury.