BSC Meme coin BUILD market cap halves to $5.88M

The steep decline in BUILD's market cap suggests the market is reacting negatively to the announced tax mechanics, which redirect value toward $BNC rather than directly supporting BUILD's own token economics. This affects holders who may now see their exposure diluted or shifted, and it highlights the fragility of meme coins whose value hinges on community sentiment and narrative rather than fundamentals. The open question is whether the accumulation of $BNC will create enough perceived utility to stabilize the token, or if this marks a broader pattern of tax-driven value extraction that undermines investor confidence in similar projects.