RALPH and GAS meme coins plummeted over 90% and nearly 50% respectively within 24 hours, triggering concerns over the longevity of crypto creator economy tokens. The sell-offs followed major token sales by developers and public statements signaling focus shifts, sparking questions about alignment between creators and communities. The market is now critically evaluating whether these creator-led fundraising models can sustain value or face structural challenges akin to previous short-lived crypto trends.

