Base Dog Project Explodes! HENLO Contract Vulnerability Causes Price Crash, Retail Investors Buried in a Mass Grave
Nuclear Level Plunge: 96.5% Vaporized in 24 Hours
This morning, a deep-water bomb exploded on the Base chain, with the so-called ecological star project Henlo Kart exposed for a contract vulnerability, causing its token HENLO to roll from the peak down into the gutter.
Data Strike: A 96.5% crash in 24 hours, market cap shrinks from a January peak of 92 million dollars to 106,000 dollars, this drop is worse than 312.
On-chain Disaster: The LP pool was violently drained by the team, all liquidity was rebranded and swapped, leaving retail investors as the last to die without a trace.
As soon as the project party issued an announcement, they played three tricks:
Forced Snapshot: All token holders and LPs were locked, clearly indicating a hard fork or airdrop scheme.
Team Withdrawal: The team pulled back the liquidity of their own token first, leaving retail investors waiting in the pool for a zero return.
New Pool Fishing: They claim "re-deposit LP," but in reality, they use the remaining liquidity to lure more investors for a secondary harvest.
Old School Saying: This is not a vulnerability, it’s a scythe.
Contract Vulnerability? The Dog Farm Self-Explodes! Those who have been in the crypto space for three years understand that 99% of 'technical vulnerabilities' are essentially the project party stealing from itself.
The HENLO team had a market cap close to 100 million in January, now can't pull out 10,000 dollars from their pants, clear-eyed people see this as a cash-out escape play.
Base Ecosystem Buried: This wave directly collapses the reputation of the Base chain, SOL chain TVL just plummeted 18% in a single day, and now this happens, the Dog Chain will eventually collapse for everyone.
Whale Alert: The top 10 addresses have zero transactions in 7 days, the manipulators have already withdrawn early, leaving only retail investors wailing at the bottom of the pit.
Old School Advice: (Due to the real-time nature of news, old school advice is not authoritative)
Spot Traders: Cut all HENLO positions immediately, this zero-value token is even too expensive at 7950 dollars (refer to BTC spot stop-loss logic).
Contract Traders: Short Base ecosystem tokens, especially targeting SOL series projects that have seen a TVL crash.
On-chain Investigation: Keep a close watch on the team wallet, if the new LP pool does not replenish 5 million dollars of liquidity within three days, determine it as dead.
These days, the dog farm is too lazy to clean up after their acts; remember:
Whenever a team suddenly conducts a snapshot, 90% of the time it’s a precursor to running away.
Whenever the on-chain TVL is halved, don’t believe in any 'ecological construction' nonsense.
Whenever there’s a crash of over 90%, immediately stop loss! Don’t be one of those fools waiting to break even.
