$POL is down around 5% today after the prank announcement they pulled up with post-abstract L2 shutdown.

The timing really did them no favors šŸ˜‚

ā€œNot a shutdown announcementā€ probably sounded funny when they posted it, but after Abstract just announced its shutdown, the joke landed very differently.

Polygon says it was mocking the constant ā€œPolygon is deadā€ comments, but when people are already watching their bags bleed, making a joke about another shutdown is bound to rub some people the wrong way.

People now take ā€œwe’re not shutting downā€ seriously… while a large percentage of holders were not happy with the prank, a small percentage of holders probably didn’t read the content and assumed it was indeed a shutdown and sold their bags… what a day!