Risk Warning for the Trading Suspension and Market Maker Sell-off Event of 10948071612 Coin

Trading Suspension and Core Conflicts

A certain exchange announced the suspension of trading for 10948071612 on May 15

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The direct trigger was a liquidity crisis caused by concentrated sell-offs by market makers.

Since its launch, this coin has faced multiple risk points,

Initially, this coin had a capital connection with the Trump family foundation, coinciding with the overall upward cycle of the crypto market during the Trump administration.

Such political associations may temporarily raise market attention, but lack substantial value support, with regulatory compliance issues behind the concept hype.

The project team has been reported to implement large-scale token reductions at high prices, coupled with internal governance disputes and financial transparency issues, which have constituted substantial negative news.

The current circulating market value still reaches $700 million, but the pressure from unlocked tokens and financial chain risks have not fundamentally eased.

This coin highly relies on traffic from a single exchange, presenting a potential risk of being delisted from mainstream platforms.

Considering its community operation model characteristics (suspected localized manipulation), it is necessary to guard against liquidity exhaustion triggered by withdrawal risks.

There are too many trapped positions, and currently, there is no effective stabilization observed; it is better to hold strong coins without building on unstable ones!