## SOON CEO Addresses Price Plunge Concerns Joanna Chung, CEO of Solana Optimistic Network (SOON), has publicly addressed recent concerns surrounding a significant price drop in SOON's value. ## SOON Price Drops 40% in a Day SOON experienced a dramatic 40% price decrease within a single day, prompting speculation and concern within the cryptocurrency community. ## No Insider Involvement in SOON Price Manipulation In a statement released on X, Chung asserted that the price volatility was not due to internal actions. She stated, "Recently, SOON's price has shown abnormal movements. This appears to be an organized attempt by external forces trying to profit by instilling fear in the market. To be clear, our team has not sold SOON or profited from the price drop." The SOON team hopes to reassure investors by denying any insider involvement. ```