Are project parties this direct now? The new coin GAIN plummeted nearly 95% in just 1 hour this morning, suspected due to massive issuance.

On September 25, it was reported that the newly launched coin Griffin AI (GAIN) experienced a one-sided decline this morning, dropping nearly 95% within 1 hour, hitting a low of $0.004185, and has slightly rebounded to $0.02, with a market cap on BSC of less than $5 million.

BscScan data shows that GAIN's original total supply was 1 billion coins (with 235 million in circulation), which has now been increased to 5.298 billion coins, with the largest holding address owning 4.852 billion coins, accounting for 91.58% of the total supply, and continuously transferring to the PancakeSwap V3 pool. The official has not yet issued a related statement. $GAIN