A dramatic event yesterday startled the market: ZKJ and KOGE were suddenly hit by mysterious big players withdrawing their investments collectively, instantly draining liquidity and triggering a flash crash, with high-leverage players collapsing like a domino effect! This incident exposed a fatal weakness in the small cryptocurrency sector - highly correlated assets have surprisingly become a systemic risk time bomb.
Binance reacted as quickly as lightning! At 8 AM this morning, they struck directly:
Immediately banned the Alpha token "mutual brushing channel"
(For example, ZKJ/KOGE trading volume will be cleared from now on!)
Three sharp strikes at the core:
Cut off the "brushing score black market": Those who used bots to wash trades can no longer rely on fake transactions to rake in points!
Erect a risk firewall: Keep small tokens "tightly wrapped in swaddling clothes", ensuring the fire does not spread to the core ecosystem!
Divert water into good fields: Force traffic to flow towards BTC/ETH/stablecoins, allowing real traders to become point winners!
Growing pains are inevitable, but dawn is on the horizon:
In the short term, teams relying on volume brushing will face dire consequences - small cryptocurrency trading pairs may cool down;
In the long term, the winner will be market health: mainstream coins with deeper liquidity + increased point value + the platform's risk resistance fully maximized!
The industry shines two beams of light:
Risk control speed = lifeline: Binance completed "monitoring → pursuing culprits → changing rules" in 12 hours, giving peers a lesson!
Incentive design must have teeth: This serves as a warning to all DeFi projects - anti-cheating mechanisms must be hardwired into their DNA!
Cryptocurrency dry goods, click my avatar to follow me for more information. Bull market hundred-fold potential coin deployment and daily spot strategy enjoy!
