cetus
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🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 PROTECT YOURSELF BEFORE IT’S TOO LATE
Did you see what happened with $CETUS ?
Over $220 MILLION hacked!
And as always… those who didn’t secure their crypto lost EVERYTHING ❌💸
The solution? Simple:
Use a hardware wallet 🔐
Don’t leave your coins on exchanges or apps.
Your security starts with you. ⚠️
Here are some wallets that actually work:
Trezor One simple, reliable, great for beginners 🟢
Ledger Nano S Plus perfect if you hold multiple cryptos 💼
Ledger Flex advanced and compact 🚀
Steel backup plates for storing your keys offline, fire & water resistant 🔥💧
Don’t wait until it’s too late.
Remember:
“Not your keys, not your coins.” 🔑❌
Protect your assets like they’re worth millions…
because one day, they might be 💰
#cetus #writetoearn #Write2Earn #MarketPullback #BinanceAlphaAlert
$CETUS
Did you see what happened with $CETUS ?
Over $220 MILLION hacked!
And as always… those who didn’t secure their crypto lost EVERYTHING ❌💸
The solution? Simple:
Use a hardware wallet 🔐
Don’t leave your coins on exchanges or apps.
Your security starts with you. ⚠️
Here are some wallets that actually work:
Trezor One simple, reliable, great for beginners 🟢
Ledger Nano S Plus perfect if you hold multiple cryptos 💼
Ledger Flex advanced and compact 🚀
Steel backup plates for storing your keys offline, fire & water resistant 🔥💧
Don’t wait until it’s too late.
Remember:
“Not your keys, not your coins.” 🔑❌
Protect your assets like they’re worth millions…
because one day, they might be 💰
#cetus #writetoearn #Write2Earn #MarketPullback #BinanceAlphaAlert
$CETUS
Square-Creator-7e02ad8807841f6d574a:
Cetus é apenas uma correção...
⚠️ $CETUS /USDT – Oversold Bounce Setup? 🔻➡️🚀
📉 Price crashed to a low of $0.1465 after hitting $0.2572, now recovering slightly to $0.1697 (-22.26%).
Heavy sell-off but signs of stabilization are emerging near support.
📊 Trade Setup – Oversold Bounce Play
✅ Entry Zone: $0.165 – $0.170
🎯 TP1: $0.183
🎯 TP2: $0.194
🎯 TP3: $0.208
🛑 Stop Loss: $0.144
👉why this coin is go down:
👀 because this coin is hacked so this is go down .
📌 Chart Notes:$CETUS
Volume spike and long wick at $0.1465 suggest potential demand zone.
Reclaim of EMA(7) near $0.1829 could confirm momentum shift.
Wait for bullish confirmation candle on 1H or 4H before entering!
⚡ High risk – high reward setup! Use proper risk management.
Buy and trade here on $CETUS 🔁📉📈
#cetus #huabnb #Altcoins!
🔥 follow me for more trading signals 🔥
📉 Price crashed to a low of $0.1465 after hitting $0.2572, now recovering slightly to $0.1697 (-22.26%).
Heavy sell-off but signs of stabilization are emerging near support.
📊 Trade Setup – Oversold Bounce Play
✅ Entry Zone: $0.165 – $0.170
🎯 TP1: $0.183
🎯 TP2: $0.194
🎯 TP3: $0.208
🛑 Stop Loss: $0.144
👉why this coin is go down:
👀 because this coin is hacked so this is go down .
📌 Chart Notes:$CETUS
Volume spike and long wick at $0.1465 suggest potential demand zone.
Reclaim of EMA(7) near $0.1829 could confirm momentum shift.
Wait for bullish confirmation candle on 1H or 4H before entering!
⚡ High risk – high reward setup! Use proper risk management.
Buy and trade here on $CETUS 🔁📉📈
#cetus #huabnb #Altcoins!
🔥 follow me for more trading signals 🔥
#cetus #hackattack Aptos Network Unaffected by Sui Network Cetus Incident
$CETUS
On May 23rd, Aptos officials verified that the exploit impacting Cetus DEX is confined to the Sui network. The Aptos network itself, user funds, and its DeFi partners remain unaffected. Currently, the Aptos security and engineering team has launched a comprehensive audit, is actively monitoring the situation, and is collaborating with DeFi partners to guarantee network security and stability.
$CETUS
On May 23rd, Aptos officials verified that the exploit impacting Cetus DEX is confined to the Sui network. The Aptos network itself, user funds, and its DeFi partners remain unaffected. Currently, the Aptos security and engineering team has launched a comprehensive audit, is actively monitoring the situation, and is collaborating with DeFi partners to guarantee network security and stability.
CETUS UPDATE- May 22, 2025
As of 7:08 PM today, Cetus Protocol, a leading decentralized exchange (DEX) on the Sui network, is facing significant challenges. The CETUS token price has dropped to 0.1714 USDT, marking a 16.1% decline in the last 24 hours after reaching a high of 0.2572 USDT earlier. This sharp fall coincides with reports of a major incident affecting the platform.
Cetus has paused its smart contracts and halted trading due to a massive liquidity drain, with some sources estimating losses around $260 million. There are conflicting reports on the cause: some suggest a sophisticated exploit involving spoof token swaps and manipulation of liquidity pools, while the Cetus team claims it’s a bug in their oracle system rather than a hack. The investigation is ongoing, and the team has promised a detailed statement soon.
The Sui DeFi ecosystem is feeling the impact, with several liquidity pool tokens on Cetus reportedly dropping by up to 80%. Market sentiment is cautious, as reflected in the high trading volume and price volatility. Stay tuned for further updates as the situation develops, and exercise caution if you’re holding or trading CETUS.
#BinanceAlphaAlert #cetus
As of 7:08 PM today, Cetus Protocol, a leading decentralized exchange (DEX) on the Sui network, is facing significant challenges. The CETUS token price has dropped to 0.1714 USDT, marking a 16.1% decline in the last 24 hours after reaching a high of 0.2572 USDT earlier. This sharp fall coincides with reports of a major incident affecting the platform.
Cetus has paused its smart contracts and halted trading due to a massive liquidity drain, with some sources estimating losses around $260 million. There are conflicting reports on the cause: some suggest a sophisticated exploit involving spoof token swaps and manipulation of liquidity pools, while the Cetus team claims it’s a bug in their oracle system rather than a hack. The investigation is ongoing, and the team has promised a detailed statement soon.
The Sui DeFi ecosystem is feeling the impact, with several liquidity pool tokens on Cetus reportedly dropping by up to 80%. Market sentiment is cautious, as reflected in the high trading volume and price volatility. Stay tuned for further updates as the situation develops, and exercise caution if you’re holding or trading CETUS.
#BinanceAlphaAlert #cetus
Pharidette:
🙄🙄
Seems like the LP provider for SUI, CETUS, is hacked and draining pools
No swaps working. CEX prices are fine but DEX severely affected.
Hopefully is resolved ASAP.
#sui #cetus #CETUSWarning #HackerAlert #BESAFE
$SUI $BTC $ETH
No swaps working. CEX prices are fine but DEX severely affected.
Hopefully is resolved ASAP.
#sui #cetus #CETUSWarning #HackerAlert #BESAFE
$SUI $BTC $ETH
It is the perfect time you have been waiting for.!
Join in to our spot holders Family.!
Buy #CETUS with half of your assets and if it dips again buy again in lower price..!
And Don't be greedy, Greed was,is and will always be the worst thing for us..!
Join in to our spot holders Family.!
Buy #CETUS with half of your assets and if it dips again buy again in lower price..!
And Don't be greedy, Greed was,is and will always be the worst thing for us..!
CETUS/USDT
Buy
Price/Amount
0.158/65.6
Juan F CH S:
Justo es lo que estoy haciendo 🫡
💣 $223M Crypto Heist on Sui Blockchain! Hacker Gets $6M Offer to Return Stolen Coins 🕵️💰
In a jaw-dropping crypto drama, Cetus Protocol, the biggest exchange on the Sui blockchain, was hacked for a massive $223 million 😱. The attacker used fake tokens and sneaky code tricks to confuse the platform’s system and drain millions in real assets like $SUI , $ETH , and $USDC . It all started with just $11 million but quickly escalated as the hacker moved funds to Ethereum and bought over 21,000 ETH. Tokens like AXOL, HIPPO, and SQUIRT tanked, and SUI lost 15% of its value. Cetus has now paused its contracts and is trying to recover the platform. ⚠️
🎯 In a bold move, Cetus is offering the hacker a $6 million "bounty" (yes, really!) if they return the rest of the stolen money. The team says, “Give back 20,920 ETH and you can keep 2,324 ETH (worth about $6M) — no legal trouble.” 🕊️ But there's a catch: If the hacker tries to hide or move the money, the deal is off and legal action kicks in fast. The Cetus team has already tracked the hacker’s Ethereum wallet and is working with law enforcement, the Sui Foundation, and even the U.S. Department of Defense! 🛡️
💡 The hack exposed a sneaky flaw in Cetus’ pricing system — not in the code itself, but in the way its smart contracts calculated value inside liquidity pools. This kind of advanced "economic exploit" is harder to detect than basic bugs, showing how new blockchain projects like Sui still face serious risks. Cetus has patched the problem and beefed up security, but the damage to trust and tokens is real. Will the hacker take the money and run — or return the crypto and cash out like a whitehat? 🤔⏳
#ETHMarketWatch #SUI🔥 #USDC✅ #BinanceAlphaAlert #Cetus
🎯 In a bold move, Cetus is offering the hacker a $6 million "bounty" (yes, really!) if they return the rest of the stolen money. The team says, “Give back 20,920 ETH and you can keep 2,324 ETH (worth about $6M) — no legal trouble.” 🕊️ But there's a catch: If the hacker tries to hide or move the money, the deal is off and legal action kicks in fast. The Cetus team has already tracked the hacker’s Ethereum wallet and is working with law enforcement, the Sui Foundation, and even the U.S. Department of Defense! 🛡️
💡 The hack exposed a sneaky flaw in Cetus’ pricing system — not in the code itself, but in the way its smart contracts calculated value inside liquidity pools. This kind of advanced "economic exploit" is harder to detect than basic bugs, showing how new blockchain projects like Sui still face serious risks. Cetus has patched the problem and beefed up security, but the damage to trust and tokens is real. Will the hacker take the money and run — or return the crypto and cash out like a whitehat? 🤔⏳
#ETHMarketWatch #SUI🔥 #USDC✅ #BinanceAlphaAlert #Cetus
OMG, this is scary and disappointed. 😤
SUI can stop any transactions anytime, Cetus can stop their smart contract anytime, now what I realized is they are centralized blockchain and ecosystem. 💻 👈
SUI is not decentralized at all, everything under their control.
#SUI🔥 #Cetus #cetushack
$SUI $CETUS
SUI can stop any transactions anytime, Cetus can stop their smart contract anytime, now what I realized is they are centralized blockchain and ecosystem. 💻 👈
SUI is not decentralized at all, everything under their control.
#SUI🔥 #Cetus #cetushack
$SUI $CETUS
Antraxiño:
ahahahhaa not much brain usage here with this statement...
🚨SUI crisis: Binance CEO makes a statement❗
Following the security issue experienced in $CETUS Protocol, some tokens experienced a sharp decline. #Binance CEO stated that they are looking into the issue.
Allegations that there was a security vulnerability in Cetus Protocol, a popular decentralized exchange on the Sui network, led to a major decline in tokens associated with the platform. Tokens such as LOFI, HIPPO and #Cetus lost more than 50 percent of their value in decentralized exchanges within an hour.
Cetus is known as one of the largest decentralized exchanges and liquidity providers in the Sui ecosystem. However, with an incident that occurred in the morning hours, millions of dollars of assets were withdrawn from Cetus's pools.
The Cetus team said in a statement via X, "A problem was detected in our protocol. We have temporarily stopped our smart contract for security purposes. We are investigating as a team, a detailed statement will be made soon."
On-chain analytics firm Lookonchain reported that more than $260 million worth of cryptocurrency was withdrawn from the system and most of it was converted to USDC and transferred to the Ethereum network.
Following the incident, the CETUS price fell from $0.25 to $0.17.
Finally, Binance CEO Richard Tong shared a message on X, saying, “We are aware of the concerns regarding SUI. Our team is doing everything they can to support the ecosystem and provide the necessary assistance.” and stated that they are closely interested in the issue.
#sui #BTCBreaksATH110K #SaylorBTCPurchase
Allegations that there was a security vulnerability in Cetus Protocol, a popular decentralized exchange on the Sui network, led to a major decline in tokens associated with the platform. Tokens such as LOFI, HIPPO and #Cetus lost more than 50 percent of their value in decentralized exchanges within an hour.
Cetus is known as one of the largest decentralized exchanges and liquidity providers in the Sui ecosystem. However, with an incident that occurred in the morning hours, millions of dollars of assets were withdrawn from Cetus's pools.
The Cetus team said in a statement via X, "A problem was detected in our protocol. We have temporarily stopped our smart contract for security purposes. We are investigating as a team, a detailed statement will be made soon."
On-chain analytics firm Lookonchain reported that more than $260 million worth of cryptocurrency was withdrawn from the system and most of it was converted to USDC and transferred to the Ethereum network.
Following the incident, the CETUS price fell from $0.25 to $0.17.
Finally, Binance CEO Richard Tong shared a message on X, saying, “We are aware of the concerns regarding SUI. Our team is doing everything they can to support the ecosystem and provide the necessary assistance.” and stated that they are closely interested in the issue.
#sui #BTCBreaksATH110K #SaylorBTCPurchase
MZ-crypto enthusiast:
Look at Miu meme coin. It is going to Moon.
How $SUI Responded to the Cetus Hack State of the Ecosystem
#Cetus Protocol, one of the largest decentralized exchanges in the @Sui ecosystem, suffered a large-scale cyberattack on May 22. Attackers used a vulnerability in the protocol to steal approximately $223 million in tokens. Although this incident did not directly target the Sui network, it caused a drop of more than 10% in the SUI price due to the fact that it occurred on a key protocol on the network.
The Sui network and validators quickly stepped in. As a result of the measures taken, $162 million of the stolen funds were frozen. The Cetus team blacklisted the attacker's wallets and offered a $6 million reward for the return of the funds.
The SUI price fell as low as USD3,65 after the attack, but soon recovered to USD3,95. However, the pressure on the market continues and some analysts warn that the price could fall further.
What does this development mean for the Sui ecosystem?
The incident was an important test of the network's security infrastructure and its reflexes in a crisis. Rapid measures taken against security threats in decentralized structures are considered an important indicator of long-term investor confidence.
For investors, such events should be read not only in terms of price movements, but also in terms of the resilience and response capacity of projects. How Sui survives this test will directly affect the perception of the ecosystem in the coming period.
#MarketPullback #TrumpTariffs
#Cetus Protocol, one of the largest decentralized exchanges in the @Sui ecosystem, suffered a large-scale cyberattack on May 22. Attackers used a vulnerability in the protocol to steal approximately $223 million in tokens. Although this incident did not directly target the Sui network, it caused a drop of more than 10% in the SUI price due to the fact that it occurred on a key protocol on the network.
The Sui network and validators quickly stepped in. As a result of the measures taken, $162 million of the stolen funds were frozen. The Cetus team blacklisted the attacker's wallets and offered a $6 million reward for the return of the funds.
The SUI price fell as low as USD3,65 after the attack, but soon recovered to USD3,95. However, the pressure on the market continues and some analysts warn that the price could fall further.
What does this development mean for the Sui ecosystem?
The incident was an important test of the network's security infrastructure and its reflexes in a crisis. Rapid measures taken against security threats in decentralized structures are considered an important indicator of long-term investor confidence.
For investors, such events should be read not only in terms of price movements, but also in terms of the resilience and response capacity of projects. How Sui survives this test will directly affect the perception of the ecosystem in the coming period.
#MarketPullback #TrumpTariffs
🔥 HOT TODAY: CetusProtocol dangles a $6M bounty to the hacker behind the $220M exploit
👮♂️ Asking for $55M in $ETH + frozen $SUI funds back!
Will the hacker take the deal or vanish with the bag? 💼💨
#Cetus #CryptoNews
👮♂️ Asking for $55M in $ETH + frozen $SUI funds back!
Will the hacker take the deal or vanish with the bag? 💼💨
#Cetus #CryptoNews
Perry Espenoza Q8Sw:
are you single
🚨【$5M Bounty: Cetus Offers Reward to Identify Hacker】
Cetus Protocol says it has not received any response from the attacker. With support from Inca Digital and the Sui Foundation, they're offering a $5 million bounty for verifiable information leading to the hacker’s identification 🧠💰
🔍 Must include: full name, location, and evidence.
📩 Submit tips to [email protected] with subject line: "Cetus lead"
Cetus adds: If the hacker accepts the previous offer, all legal pursuit and bounty will be withdrawn.
🧠 Insight:
This marks one of the rare, high-profile bounties in Web3 directly backed by a foundation—potentially setting a precedent for incentivized community-driven justice.
#Cetus #SUIFOUNDATION #Web3Security
Cetus Protocol says it has not received any response from the attacker. With support from Inca Digital and the Sui Foundation, they're offering a $5 million bounty for verifiable information leading to the hacker’s identification 🧠💰
🔍 Must include: full name, location, and evidence.
📩 Submit tips to [email protected] with subject line: "Cetus lead"
Cetus adds: If the hacker accepts the previous offer, all legal pursuit and bounty will be withdrawn.
🧠 Insight:
This marks one of the rare, high-profile bounties in Web3 directly backed by a foundation—potentially setting a precedent for incentivized community-driven justice.
#Cetus #SUIFOUNDATION #Web3Security
$CETUS /USDT short trade signal 🚦🛑
BEARISH COLLAPSE — LIQUIDITY GAP EXPOSED!
After peaking near 0.2572, $CETUS faced a brutal sell-off, dropping over 40% in a single candle to 0.1465 before stabilizing near 0.1670. The breakdown indicates major resistance above and weak recovery efforts, setting the stage for another possible leg down.
Trade Setup (Short):
Entry: 0.1670 – 0.1710
Take Profit: 0.1530 / 0.1460
Stop Loss: 0.1790
Market Outlook:
Momentum has turned clearly bearish with strong selling volume and failed bounce attempts. Any upside wicks are being sold into. Unless a strong recovery above 0.1800 emerges, the bearish bias remains dominant.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#CryptoAnalysis #BinanceTrading #CETUS #USDT #ShortSetup
buy and trade here on $CETUS
BEARISH COLLAPSE — LIQUIDITY GAP EXPOSED!
After peaking near 0.2572, $CETUS faced a brutal sell-off, dropping over 40% in a single candle to 0.1465 before stabilizing near 0.1670. The breakdown indicates major resistance above and weak recovery efforts, setting the stage for another possible leg down.
Trade Setup (Short):
Entry: 0.1670 – 0.1710
Take Profit: 0.1530 / 0.1460
Stop Loss: 0.1790
Market Outlook:
Momentum has turned clearly bearish with strong selling volume and failed bounce attempts. Any upside wicks are being sold into. Unless a strong recovery above 0.1800 emerges, the bearish bias remains dominant.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
#CryptoAnalysis #BinanceTrading #CETUS #USDT #ShortSetup
buy and trade here on $CETUS
$SUI Breaking : #Cetus got hacked for around $223M, so they quickly paused their smart contracts to stop more damage. They teamed up with other DeFi projects, the Sui Foundation, and validators to protect the ecosystem. Many validators are now blocking transactions from the hacker’s addresses. The Cetus team is looking into ways to recover the stolen funds and return them to users. An official report is on the way, and the Sui community is backing Cetus through the recovery process.
💔 Cetus Hack on Sui: A Painful Reminder of the Wild West We’re In
Yesterday, the DeFi world was rocked again.
Cetus on Sui — a protocol many believed in — was exploited. Funds were lost. Trust was shaken. And for those of us who’ve been through this before, the pain feels all too familiar.
🧨 We've Been Here Before
This isn't a one-off event. DeFi history is riddled with security failures:
• 🩸 Ronin Network — $625M vanished
• 🔓 KyberSwap — ~$50M drained
• 💀 Euler, Multichain, Atomic Wallet — all breached
• And now, Cetus
Each exploit reminds us: security is not optional. It’s foundational.
🛡️ So, Who Can We Trust?
The truth is simple but uncomfortable:
✅ Bitcoin remains the only truly decentralized asset
✅ Ethereum and Uniswap are still the most resilient, proven hubs of DeFi
Everything else? Experimental. Promising. But not bulletproof.
🧠 Web3 = The Wild West
We’re building the future of finance — but right now, it’s still chaotic, immature, and unforgiving.
Innovation is exciting. But don’t confuse momentum with safety.
If you’re investing in Web3, approach with caution. This space rewards bravery — but punishes carelessness.
🤖 AI Will Play a Vital Role
In this high-risk environment, AI tools like Thesis.io are becoming essential:
• Catching abnormal on-chain activity
• Surfacing smarter trade setups
• Monitoring whale movements
• Helping navigate uncertainty in real time
We don’t just need better protocols. We need better tools.
🧩 Final Thoughts
To those impacted by the Cetus exploit — my heart goes out to you.
To developers in Web3 — security must come first.
To traders and holders — stay sharp, not just bullish.
We’re still early.
We’re still exposed.
But we’re still building.
Let’s survive this cycle — and shape the next one better.
#Cetus #Sui #DeFi #CryptoSecurity #Bitcoin
Yesterday, the DeFi world was rocked again.
Cetus on Sui — a protocol many believed in — was exploited. Funds were lost. Trust was shaken. And for those of us who’ve been through this before, the pain feels all too familiar.
🧨 We've Been Here Before
This isn't a one-off event. DeFi history is riddled with security failures:
• 🩸 Ronin Network — $625M vanished
• 🔓 KyberSwap — ~$50M drained
• 💀 Euler, Multichain, Atomic Wallet — all breached
• And now, Cetus
Each exploit reminds us: security is not optional. It’s foundational.
🛡️ So, Who Can We Trust?
The truth is simple but uncomfortable:
✅ Bitcoin remains the only truly decentralized asset
✅ Ethereum and Uniswap are still the most resilient, proven hubs of DeFi
Everything else? Experimental. Promising. But not bulletproof.
🧠 Web3 = The Wild West
We’re building the future of finance — but right now, it’s still chaotic, immature, and unforgiving.
Innovation is exciting. But don’t confuse momentum with safety.
If you’re investing in Web3, approach with caution. This space rewards bravery — but punishes carelessness.
🤖 AI Will Play a Vital Role
In this high-risk environment, AI tools like Thesis.io are becoming essential:
• Catching abnormal on-chain activity
• Surfacing smarter trade setups
• Monitoring whale movements
• Helping navigate uncertainty in real time
We don’t just need better protocols. We need better tools.
🧩 Final Thoughts
To those impacted by the Cetus exploit — my heart goes out to you.
To developers in Web3 — security must come first.
To traders and holders — stay sharp, not just bullish.
We’re still early.
We’re still exposed.
But we’re still building.
Let’s survive this cycle — and shape the next one better.
#Cetus #Sui #DeFi #CryptoSecurity #Bitcoin
$SUI ,$CETUS ,Prayer is equally needed or a must in this business.
Imagine #CETUS was the third amongst the gainers with positive increasing everything,i had traded it for a 5% quick gains and in no minutes, it experienced a rug pull.
Luckily enough, by the grace of God, I had got out with a 3% as I had plans of waiting for it to dip a little and i re-enter.
Binance explains that, there's a SECURITY INCIDENT RELATING TO the TOKEN'S PROTOCOL. But remember it's built on the #SUIBLOCKCHAIN Where SUI is facing major controversy over token centralization and Insider activity, perhaps this has contributed to its rug pull.
✅SUI Ecosystem Facing Major Turmoil
SUI is under fire for alleged centralization and insider activity. Over 80% of tokens are reportedly controlled by early insiders, and the Foundation is accused of selling 400M worth of tokens during a rally — though they deny it.
This has shaken trust, caused a price dip, and possibly triggered a ripple effect on projects like CETUS, which runs on SUI and just experienced a rug pull.
The crypto community is concerned about transparency, token supply manipulation, and governance trustworthiness.
#manupilation
#PrayerIsSalvation
Imagine #CETUS was the third amongst the gainers with positive increasing everything,i had traded it for a 5% quick gains and in no minutes, it experienced a rug pull.
Luckily enough, by the grace of God, I had got out with a 3% as I had plans of waiting for it to dip a little and i re-enter.
Binance explains that, there's a SECURITY INCIDENT RELATING TO the TOKEN'S PROTOCOL. But remember it's built on the #SUIBLOCKCHAIN Where SUI is facing major controversy over token centralization and Insider activity, perhaps this has contributed to its rug pull.
✅SUI Ecosystem Facing Major Turmoil
SUI is under fire for alleged centralization and insider activity. Over 80% of tokens are reportedly controlled by early insiders, and the Foundation is accused of selling 400M worth of tokens during a rally — though they deny it.
This has shaken trust, caused a price dip, and possibly triggered a ripple effect on projects like CETUS, which runs on SUI and just experienced a rug pull.
The crypto community is concerned about transparency, token supply manipulation, and governance trustworthiness.
#manupilation
#PrayerIsSalvation
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