FALL OF POLYHEDRA'S ZKJ TOKEN AND ITS CONSEQUENCES

The ZKJ token from Polyhedra, what a fall ok 😮‍💨! Its value plummeted an impressive 83% and everything points to "anomalous transactions" on the blockchain. Right now, Polyhedra is fully investigating what the hell happened for the price to drop from 2 dollars to just 0.31 dollars.

Binance, a heavyweight in the crypto world, commented that this debacle was due to many of the large holders withdrawing their tokens en masse, which caused a cascade of liquidations!

Additionally, it seems that Binance is going to change its rules for calculating "Alpha Points" to prevent similar problems in the future, since both the ZKJ and KOGE tokens were used to earn those points. Despite all this uproar with the price, Polyhedra has assured its users that the fundamentals of the network remain intact.