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Cindy胖迪🥰
Cindy胖迪🥰|Apr 14, 2025 12:00
🤯 This morning, with sleepy eyes, news of OM @ MANTRA_Chain plummeting came from the side! Recently, there has been an increasing amount of news about this, especially in the context of severe market liquidity shortages. 🍂 In summary, it's that Zhuang ran away... the banker's running caused a stampede ( 👇 The reposted article has on chain analysis (actual hammer) Market makers and project partners are one team, as analyzed in detail below. The project party controls almost all the tokens, first switching left to right at the secondary level, and then suddenly selling them in large quantities after retail investors enter the market. Due to too little real buying in the market, the price plummeted by 90% in an instant, causing leveraged investors to be forced to close their positions, forming a death spiral of "plunge → liquidation → continued decline". 🍂 Vague airdrop promises - vague rules lead to fraud The project team changed the unlocking rules twice, but in reality, the total unlocking period for investors was as long as 1000 days, resulting in a lock up. At the same time, the witch standard is vague, and many individual investors have failed to appeal! 🍂 Fake governance, fake democracy The project party holds over 30% of the voting rights and sets a high threshold to prevent individual investors from proposing I believe these sneaky operations will last for a long time to see DAO governance has always been a joke in the cryptocurrency industry The core still lies in casinos and pyramid schemes
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Timeline

May 14, 06:32【ZKJ owes investors and KOL token shares in arrears】
May 14, 06:21【ZKJ project owes investors tokens for several months】
May 14, 01:11【Privasea AI launches PRAI token and distribution details】
May 13, 15:27【Traders panic and stop loss, resulting in a loss of $800000】
May 13, 14:44【Example token from Launch Coin on Believe】
May 13, 14:35【Example token from Launch Coin on Believe】
May 13, 04:00【More and more Launchpads are available on the SOL chain】
May 13, 03:53【Judge rejects class action lawsuit against Caitlyn Jenner】
May 12, 23:46【DeGods and y00ts founder Frank announce retirement】
May 12, 13:39【Lido DAO Voting Rights Delegation and Governance Participation】

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