Analysis: KOGE may be hit first due to ZKJ's contract According to @ ai_9684xtpa analysis, the most important reason for hitting KOGE first and then ZKJ may be that ZKJ has a contract, and they can simultaneously hit the market on the chain by opening a short position on the exchange; Secondly, from the perspective of liquidity, ZKJ's liquidity will be better, and smashing the market will require relatively more funds; The LP ranges of ZKJ and KOGE are extremely narrow, and if a large number of them break through this range and do not have enough funds to take on sell orders, they will inevitably crash. And when LP sees a drop in coin price, they will also panic and flee, creating a vicious cycle that further collapses the coin price; It is speculated that the continuous decline in Alpha trading volume for several days may be the trigger, and the exit of the massive LP is also a "fast running" game.