Express

SOON Team Responds to Abnormal Price Fluctuations: No Token Sale, Product Development to Continue

Summary: In response to rumors, SOON co-founder and CEO Joanna Zeng stated that the SOON community and project have experienced abnormal token price fluctuations. The SOON team's initial investigation suggests that this fluctuation may be the result of organized manipulation targeting multiple assets, including SOON, with the intention of causing panic and profiting from it. SOON ...

In response to rumors, SOON co-founder and CEO Joanna Zeng stated that the SOON community and project have experienced abnormal token price fluctuations. The SOON team's initial investigation suggests that this fluctuation may be the result of organized manipulation targeting multiple assets, including SOON, with the intention of causing panic and profiting from it.

SOON officials emphasize: 1. The team has not sold any SOON tokens or profited from this incident; 2. The project will not be terminated, and product development will continue.

SOON Labs stated that they will continue to advance ecosystem development, conduct a thorough investigation into the incident, and later release a detailed analysis report to the community.

Last Update:

Tags:
Link: SOON Team Responds to Abnormal Price Fluctuations: No Token Sale, Product Development to Continue   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago
  • You need to login to comment.