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Memecoin TUT sees $42M liquidations after 1,100% rally and sharp price reversal.

Market News
10 Aug 2026
Dailycoin
View Source
Bearish
pluang ai news

Tutorial (TUT), a memecoin on BNB Chain, experienced over $42 million in liquidations within 24 hours after its price surged more than 1,100% to an all-time high of $0.2903. The rally was driven by high-leverage futures trading, with $3.34 billion in 24-hour futures volume—over 23 times its market cap of $140.5 million. The sharp price reversal caused massive liquidations, especially of leveraged long positions, highlighting the risks of high-leverage trading on low-cap tokens. TUT is the native token of an AI-powered blockchain education platform and started as a tutorial token before becoming a meme coin.

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