Overview
- RALPH has dropped as much as 97% from its recent peak, with reports of market capitalization falling from roughly $50 million to about $5 million.
- Lookonchain reported a sale of 7.68 million RALPH by a developer‑linked wallet for 1,888 SOL, valued at about $245,000 at the time.
- Bubblemaps visualized three selling transactions from a Huntley‑linked address and said the seller cluster still holds around 3% of the supply.
- Geoffrey Huntley described the move as “de‑risking” ahead of a vesting window and said he still holds tokens, as community critics cited misalignment and concentrated incentives including reported 99% royalties vesting to him.
- A newly created wallet that bought roughly $470,000 of RALPH before the collapse later exited at an estimated $355,000 loss, highlighting thin on‑chain liquidity and forced turnover.