📉 $ZKJ USDT EXPERIENCES SEVERE CRASH, PLUNGING OVER 80%
On June 15th, $ZKJUSDT witnessed a catastrophic drop of approximately 80% within a single hourly candle, falling from around $1.99 to a low of $0.25. This abrupt collapse indicates either:
• A major liquidation event, potentially due to highly leveraged long positions getting wiped out,
• A security or exploit issue related to the token or its underlying project,
• Or a sudden unlock or dump by insiders or early investors, causing panic selling.
Despite a minor recovery to ~$0.39, the structure remains severely damaged, with investor confidence shaken. The market will need clarity from the project team or ecosystem to recover trust.
Risk management is critical in such volatile environments.
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