Moo Deng, a meme coin inspired by Thailand's pygmy hippo, saw a rapid rise and fall in market capitalization, with one early buyer holding onto $5 million despite the price drop. Liquidity issues in meme coins like Moodeng can lead to significant price swings and market chaos.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.