Odaily Planet Daily News KOGE project owner 48ClubIan posted on Binance Square:
"The crash was not caused by 48Club Treasury dumping KOGE, and the crash was not caused by me dumping KOGE
48Club has no business dealings with the ZKJ project owner, nor does it have similar plans
48Club Treasury does not hold (or have held) ZKJ
I personally do not hold (or have held) ZKJ
Binance Research and Binance Web3 have colleagues who have consulted me about the price drop, and I have given the above explanation
48Club has never provided "a low-fee pool that is limited to large amounts of entry", and in fact, it is technically impossible to do this by providing IP.
Some opinions:
For details of the events that directly led to the price drop, see @ai_9684xtpa's analysis. Alpha asset pair brushing can be counted as transaction volume points, which is an obvious rule loophole. I have expressed my views and warned of risks many times on Binance Square and Twitter.
Some plans:
48Club will Starting from June 16, the second KOGE Trading Grand Prix will be held for a week.
Some words from the heart:
Please correctly distinguish between "being able to see through the conspiracy behind things" and "being the promoter of the conspiracy behind things".
If the person who warns of risks must be the initiator of the risks, then why should you help up the old man you knocked down?
Be more positive mentally, don't always think that everyone is trying to cut you. I have no interest in cutting you, your assets are thinner than the blade I use. "