Dear viewers, hold on to your popcorn, because today we are going to talk about a story that is more tortuous than a soap opera - Polygon executives and their "pet elephants". This is not a story about a zoo, nor a warm pet movie, but an absurd drama in the cryptocurrency world.
The protagonists of the story are Polygon's top executives and some insiders who are accused of manipulating a meme coin called $ELE, just like manipulating elephants, but this time in the digital world. They used all means, from secret token generation events to exploiting developers and KOLs, and eventually led the entire community into a huge "scam."
Imagine a group of crypto bosses secretly planning in Telegram groups, like a group of "PolyGOONS" plotting big things. They promised to pay developers and KOLs, but what happened? It's like those takeaways that never come, you only hear about them but never see them.
The so-called "pet elephant" is actually the elephant pet story of Polygon co-founder Sandeep. Does it sound a bit surreal? But in this bull market, people seem willing to pay for anything weird.
However, the best part was yet to come. When the market value dropped from $17 million to $2 million, everyone suddenly realized that this was not a pet elephant, but a white elephant - the kind that brings bad luck. Developers and KOLs were angry because they never received the promised compensation, leaving only a mess.
And the Polygon team? They tried to disclaim responsibility with a photo of Sandeep’s “pet elephant”, as if to say, “Look, it’s just a joke!” But it turns out that this is not only a bad scam, but also an absurd farce.
Finally, let's look at this whole incident with a playful eye. After all, in the world of cryptocurrency, sometimes reality is stranger than fiction. But don't forget that what is hidden behind this is greed, misleading, exploitation and fraud. So, dear audience, let us enjoy this farce while also being vigilant and not becoming the next person to be stepped on by the "elephant".