- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
SOON responds to abnormal price fluctuations: No tokens have been sold, product development will continue
Odaily News Joanna Zeng, co-founder and CEO of SOON, posted on the X platform that the SOON community and project have recently faced abnormal price fluctuations in tokens. The SOON teams preliminary investigation found that the fluctuations were suspected to be organized manipulation, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it. SOON officials emphasized that the team did not sell any SOON tokens and did not profit from this incident; the project will not be terminated and product development will continue. SOON Labs said that it will continue to promote ecological construction and conduct an in-depth investigation of the incident, and will release a detailed analysis report to the community later.
You may also like
Wintermute's 28-Page Report Unveils the Inner Workings of Off-Chain Liquidity
XMR Surges Over 50% in One Week: Who's Buying?
Primitive Ventures Founder Dovey Wan: Who Is Footing the Bill for This Crypto Bull Market Cycle?
For the first time in three years, a new Bitcoin Core maintainer has been added to the ranks,
Tether Freezes $182 Million in Assets in One Day, Is USDT Still a Neutral Coin?
Final Federal Reserve Chair Candidate Rick Rieder, How Does He View Cryptocurrency?
Key Market Information Discrepancy on January 14th - A Must-See! | Alpha Early Report
CZ Joins as Advisor, YZI Labs Invests Millions, Genius Point Farming Guide
Team Expansion, The Hyperliquid Story Continues
Wall Street Ballerina, Vance's Aide, and a Centennial Bank Lead
ETHGas Foundation Coin Issuance, Believe Emotional Transaction Mechanism "Train Wreck", What Key Points are Overseas Watching?
Monero Surges: Breaking Above $680 with an 18% Increase
Key Takeaways Monero (XMR) has been on the rise, gaining approximately 18% in the past 24 hours. The…
Ethereum Experiences Price Drop Amid Broader Crypto Sell-Off
Key Takeaways Ethereum recorded a less severe price drop than other cryptocurrencies during a recent market sell-off. Analysts…
$H Project Team Withdraws Massive H Tokens from Exchanges
Key Takeaways $H project team removed H tokens worth $23.5 million from exchanges in 24 hours. The primary…
Cryptocurrency Trading and Market Trends
Key Takeaways Current cryptocurrency trading landscape offers diverse opportunities for investors. Technological innovations continue to drive market evolution,…
Cryptocurrency Exchange Security and Trends
Key Takeaways Cryptocurrency exchanges have increasingly become targets of cyber-attacks, necessitating robust security measures. Market trends indicate a…
Error Prevented Content Extraction: Causes and Solutions
Key Takeaways Excessive requests can result in blocked access to data sources. Ensuring adherence to API usage policies…
Understanding the Impact of the Crypto Market and Exchange Dynamics
Key Takeaways The cryptocurrency market remains highly volatile with frequent significant fluctuations in value. Exchange platforms play a…
App