【ZKJ and KOGE Collapse! A "Harvesting Scheme" Emerges, $100 Million Vanishes Overnight!】
💸 Last night, the crypto world witnessed a bloody scene! ZKJ and KOGE performed a "hot potato" on the Binance Alpha platform, with an 80% drop causing countless investors to lose everything in an instant! This is not just an ordinary crash, but a meticulously designed "harvesting of retail investors"
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Core of the Incident:
- Large holders withdrew liquidity in advance + precise market manipulation
- Total liquidation exceeded $100 million (with ZKJ alone reaching $95 million!)
- KOGE project party's "prophetic" attempt to evade responsibility
🕳️ The Truth of the Flaw:
The points mechanism of Binance Alpha is backfiring! The project party utilized a three-part scheme of "inflating volume - creating hype - harvesting":
1️⃣ Users crazily trade for points
2️⃣ Artificially create false stability
3️⃣ Choose the best timing, the project party harvests and exits
⚠️ Fatal Insights:
• All "abnormally stable" altcoins are time bombs
• Alpha activities have turned into a hot potato gambling game
• The project party's statements are actually a countdown to harvesting
💡 At any time, DYOR!