The value of the MUNGER meme coin, inspired by renowned investor Charlie Munger, has plummeted by 97.6% after experiencing a surge of over 31,000%. The memecoin, launched by an unknown group of opportunists, followed a typical fate for such assets. It only lasted the day of its launch and then dropped to $0.00000002856, a significant decrease from its peak value. The trading volume for the token also decreased by over 90%. This case highlights the risks of investing in new tokens without clear value propositions. Charlie Munger, who was known for his criticism of the crypto industry, would likely not have been surprised by the downfall of the MUNGER meme coin. Munger had referred to cryptocurrencies as 'crypto crap' and 'rat poison', expressing skepticism about their value. The death of Munger and the subsequent fate of the inspired token perfectly illustrate the dynamics of the memecoin market and may further justify Munger's rejection of the sector. Investors should exercise caution when dealing with meme coins like MUNGER, as they are often subject to volatile and risky price movements. It is important to be aware of possible scams and market manipulation. [49084899]