Conor McGregor criticized Khabib Nurmagomedov for NFT drop featuring traditional Dagestani hat. McGregor’s REAL token failed to meet launch goal, refunds issued. Memecoins market in decline since 2024, plummeting to $39.4 billion market cap in 2025, shedding $5 billion in one day. High-profile memecoin launches experienced immediate value drops.

Read more at Cointelegraph: Conor McGregor Calls Out Khabib for NFTs, Gets Shut Down by ZachXBT