$ZKJ just dropped from $600 million to $93 million market cap today.
It’s down 84% in just a few hours.
Influencers and traders heavily promoted $ZKJ, calling it the “perfect stablecoin”.
This hype attracted speculative activity, making it a prime target for exploitation.
However, crucial red flags were largely ignored:
- No sustainable revenue streams or clear business model
- Minimal genuine community or transparent ecosystem activity
- Silent, unexplained growth driven by artificial incentives
Then suddenly a coordinated liquidity drain and sell-off happened.
We’ve seen this scenario play out many times before.
Always DYOR.