Normie Meme Coin Crashes 99% After Exploit, Team Considers Hacker Demands

The meme coin Normie (NORMIE) plummeted 99% after attackers exploited a tax function in its contract, manipulating the token's supply and draining its liquidity pools. The attacker offered to return 90% of the stolen funds if the developers agreed to relaunch the project, which they accepted. The attacker criticized the contract code as a "copy-paste" job, highlighting the lack of thorough review. The exploit caused significant losses for investors, with one losing $1.6 million. Normie's market cap dropped from over $40 million to just $700.