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Phyrex
Phyrex|9月 12, 2025 13:09
Here’s a funny story: at an event in Japan at the end of last year, a certain project that’s pumping today was offering OTC deals to participants in both the Chinese and English communities. The tokens were sold at a 50% discount with a six-month unlock period. The price at the time was $0.86, but they were selling for $0.8, and if you bought in bulk, you could negotiate further—apparently, the lowest was around $0.6 or so. I don’t remember the exact details. Then the token just kept dropping. It hit a low of $0.1X, and even with today’s pump, it’s only back to $0.2X. So basically, if you bought OTC back then, you were losing money from the first month. It quickly dropped below $0.4 or $0.3, and even with today’s pump, you still wouldn’t have broken even. At the time, I was upfront about questioning the project’s direction, and I don’t think there were any deals made in the Chinese community. The project team then went to the English community, where people were even more direct in calling them out. In the end, it seems like very few people actually bought in, and those who did are probably still cursing them out now.
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Timeline

10月 12, 12:27Binance Life-related asset price fluctuations
10月 12, 12:20BNB just needs to quickly return to the price before the crash.
10月 12, 09:59Vaults and traders are in opposition during market trends
10月 12, 02:13ETH/BTC exchange rate drops 30%
10月 12, 01:55A crypto whale sold 3,443 ETH to reduce leverage risk.
10月 12, 00:56Ethereum fell below $3700 per coin
10月 12, 00:29Bitcoin falls below $110,000 per coin
10月 11, 20:25Binance Year-End Bonus and Liquidation Situation
10月 11, 18:46XRP experienced a significant drop within just a few hours.
10月 11, 17:19Bitcoin flash crash, 2.4 million coins lost

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