Kishu Inu founder charged with fraud over alleged involvement in a $9 million rug-pull scam
After a security incident, prices generally go through three stages:
1) Panic: The news spreads and selling is at its most intense;
2) Digestion: How large the losses are relative to the project, and whether the stolen funds will flow into the market;
3) Cleanup: The project team's response determines whether confidence can return.
$BTC is currently at 83096.01, down 1.33% over 24h. Don't rush to buy the dip; wait until the second stage becomes clearer before reassessing.
#BTC
For informational purposes only; this is not investment advice. DYOR.
After a security incident, prices generally go through three stages:
1) Panic: The news spreads and selling is at its most intense;
2) Digestion: How large the losses are relative to the project, and whether the stolen funds will flow into the market;
3) Cleanup: The project team's response determines whether confidence can return.
$BTC is currently at 83096.01, down 1.33% over 24h. Don't rush to buy the dip; wait until the second stage becomes clearer before reassessing.
#BTC
For informational purposes only; this is not investment advice. DYOR.