Just now, the 'stablecoin' KOGE/ZKJ has collapsed, how many brothers were caught in the middle, experiencing the treacherous nature of the market.
We should have anticipated that a coin that can remain so stable indicates a problem: the number of coins circulating in the market is very small, with most of the coins held by the project party or a few whales, which is why the coin price can remain stable. Due to APLHA's earnings halving, trading volume plummeted in just two days, and the market makers are beginning to feel uneasy, breaking the stable and harmonious situation. It is unknown where to go from here; in just two days, a triple blow!
1. Points surge (indicates that the tokens provided by the issuer have decreased, and the distributable amount has decreased)
2. Earnings halved 100+-50+ (again indicates that the tokens provided by the issuer have greatly decreased, showing that the enthusiasm of the issuer has severely declined, and the project party is not satisfied with the benefits in this activity)
3. The 'stablecoin' ZKJ/KOGE has collapsed (indicates that the bulls have realized the near dusk and have started to kill the goose that lays the golden eggs)
Hope Binance continues to adjust APLHA, keep it up!
