OM COIN PRICE After ninety percent, large movements in different subcoins began to be closely monitored. This makes it necessary for crypto currency teams to provide information about processes more transparently. ZK price suddenly began to fall.
Why did ZKSYNC (ZK) fall?
Bitcoin price While falling due to the EU statement, ZK Coin has a different reason for the fall. With the fall of OM Coin, the double -digit decreases in the subcoins trigger investor concerns about larger sales waves. In order to prevent this, the ZKSYNC team made the following announcement in order to avoid larger losses of possible sudden sales.
“ZKSYNC Security team, ZKSYNC Airdrop’dan remaining unattended tokens, the account of the manager was seized. The necessary safety importance is obtained for the wallet that holds a token of approximately $ 5 million.
All user funds are safe and never at risk. The ZKSYNC protocol and the ZK token agreement are safe and no other ZK is at risk. This is an individual event that is caused by the seized switch and is limited to the ZK Token Airdrop contract.
The investigation continues and a detailed update will be shared later today. ”
Pay attention to the risk of loss
Zk You can see how the announcement made by the above decline. Sudden decreases for subcoins are now much more meaningful. Investors in double -digit losses in order not to experience bigger losses OM COIN brings the example. They became much more timid in order not to encounter the same scenario. In the graph, you see how long the upper and lower wicks are.
Those who see the fall as an opportunity to sell the decline feed the volatility in this process. Therefore, you should remember that our possibility of seeing large double -digit movements in subcoins is increasing.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
