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6.15 Weekend Market Overview: KOGE-ZKJ is a bit over the top

Just got back and heard a friend say KOGE-ZKJ has halved, the pool is gone; I didn't believe it, so I opened my phone and saw KOGE34U, ZKJ1.5. I was a bit skeptical, so I refreshed my phone to confirm I wasn't seeing things; indeed, a large holder has pulled out of the pool, leading to a crash and halving. I estimate that at this moment, traders on Alpha are panicking over the drop, with very little left in their accounts.

A few days ago, Binance announced recommending everyone to set up pools, and I also set up a KOGE-ZKJ pool, hoping to earn some LP wear-and-tear fees back. On Friday night, I felt something was off and called the community members to withdraw all the funds from the pool; if we hadn't withdrawn, we would have faced a wave of cuts last night, and today it directly halved.

The day before yesterday, the 48CLUB elder also posted an article saying to pay attention to asset protection, the project team won't sell a single KOGE, just like CZ won't sell BNB. This is a warning; if you understand it, you're a true participant in Web3, if you don't, then just continue to pay tuition fees. However, looking at it today, KOGE's behavior seems a bit unappealing...

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