Why did it plummet 83% in one day?

This coin is now only worth a bit over 30 cents, it dropped 80% in 15 minutes, nearly draining the entire pool's liquidity; it's scarier than a roller coaster.

There are mainly three things that happened at once:

Binance suddenly changed the rules of the game, leaving players confused;

Things got chaotic in Colombia, and everyone is worried about potential issues;

The most critical factor is that a mysterious big player suddenly emerged on-chain, aggressively selling off, causing retail investors to panic and sell in a frenzy, resulting in a downward spiral that couldn't be stopped.

Given the current situation, it will definitely drop further in the short term. Friends looking to buy the dip should think carefully; catching falling knives can lead to injuries. If you really feel the urge, just play with some pocket money, don't go all in. Looking further ahead, if the project team can quickly step in to stabilize the situation and regain everyone's trust, there might still be a chance to recover. However, coins that have experienced such a crash will definitely recover slowly; we need to keep a close watch and not place heavy bets lightly.

7857386581059232692846#加密市场反弹

Are you trapped? When to buy the dip? It’s still the same advice: if you're confused and helpless and don’t know what to do, just comment on my profile picture. I need fans, and you need references.