6.16 Let's analyze the ZKJ collapse event for the brothers
A textbook-level death spiral
Collapse logic
1. False liquidity trap
The project team designed the KOGE/ZKJ trading pair to induce wash trading
Ignoring the KOGE to mainstream coin exit, laying hidden dangers
2. The only escape route
Large holders can only convert KOGE → ZKJ → stablecoin
Dual selling pressure: KOGE depreciation & ZKJ being heavily dumped
3. Death spiral triggered
Liquidity pool imbalance → Price plummets → Panic selling → Liquidity exhaustion.
