March 2, 2026

Lobstar token price recovers 488% after 52M token mishap

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An accidental transfer of 52 million $LOBSTAR tokens, valued at approximately $432,000, by @LobstarWilde to @TreasureD76 caused the token’s price to plummet by 80%. However, following this sharp decline, the price has rebounded significantly by 488%. In response to the dip, top addresses, smart money, and whales took the opportunity to increase their positions, while public figures opted to sell their holdings during the volatility.

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