#ZKJ #Token Crashes 83% Following Abnormal Trading Activity Investigation


#Polyhedra Network's $ZKJ plummeted from $2 to $0.31 after suspicious on-chain transactions in the ZKJ/KOGE pair.


Its market cap lost nearly $500 million in under nine hours as a liquidation cascade hit the #Binance ecosystem.


The company is investigating "abnormal transactions" while assuring users that network fundamentals remain intact.


The $KOGE governance token for BNB48 Club also collapsed amid large holder removals, causing a liquidity crunch.


Binance is adjusting its #AlphaPoints calculation from June 17 to exclude inter-Alpha token trading pairs.


A post-mortem analysis is promised as the zero knowledge interoperability project addresses community concerns about potential manipulation.

image
June 16, 2025 at 1:36 PM
111
4
3
1