$ZKJ just suffered a sharp 81% crash after over $32 million was withdrawn from its liquidity pool, triggering a rapid series of token dumps. The price collapse was followed by a massive spike in trading volume, reaching $2.74 billion (more than 25 times its normal daily volume). This suggests the move was not just market panic but likely a coordinated exit by large holders or insiders.
Further analysis using Token Sniffer reveals multiple risks. The contract still includes a mint function, which allows new tokens to be created and potentially dumped. Ownership is not renounced, giving the creator power to modify the contract—such as disabling selling or changing fees. Most critically, none of the liquidity is locked or burned, meaning the project remains highly vulnerable to a rug pull. At this stage, ZKJ cannot be considered a safe asset.