😱 ZKJ Crashes 80% in Minutes – Polyhedra Fights Back with $30M & Buyback! 🔥
Polyhedra’s token $ZKJ got nuked — but is a comeback brewing? ⚠️
In a shocking flash crash, $ZKJ plunged over 80% — from $2 to just $0.32 — wiping nearly $500M in market cap in under an hour! 😨
Now, Polyhedra is taking major action:
✅ Launching a token buyback 💸
✅ Injecting $30 million liquidity 💧
✅ Promising a full investigation 🔍
💥 What Went Wrong?
Alleged liquidity attack on PancakeSwap.
Wintermute deposited over 3.3M $ZKJ into CEXs.
Massive liquidations hit Bybit and other exchanges (~$94M!).
LPs dumped millions in tokens, triggering a liquidity spiral.
> “We will buy back more,” said Polyhedra’s co-founder Tiancheng Xie.
Despite a brief 50% bounce, the price gains fizzled out, and ZKJ is now barely up 1.3%. Still, the buyback plan may help restore trust — or at least slow the bleeding.
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🚨 TL;DR:
💥 ZKJ dropped 80% in minutes.
🛡️ Polyhedra responds with $30M liquidity + buyback plan.
🔄 Full probe ongoing to prevent future attacks.
👁️🗨️ Watch closely — ZKJ’s next move could surprise you.
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🏷️#🏷️ #ZKJ #Polyhedra #DeFiCrash #Altcoins #BinanceSquare #WriteToEarn
