Kishu Inu founder federally indicted, accused of profiting over $9 million from a “rug pull” scam
After a security incident, prices usually go through three phases:
1) Panic: The news hits, and selling pressure is at its fiercest;
2) Digestion: How large the losses are relative to the project, and whether the stolen funds are being dumped;
3) Recovery: The project team’s progress on compensation determines whether sentiment returns.
$BTC Current price: 83124.79, 24h: -1.33%. Don’t rush to buy the dip—wait until the second phase becomes clearer before taking another look.
#BTC
This content does not constitute any buying or selling advice.
After a security incident, prices usually go through three phases:
1) Panic: The news hits, and selling pressure is at its fiercest;
2) Digestion: How large the losses are relative to the project, and whether the stolen funds are being dumped;
3) Recovery: The project team’s progress on compensation determines whether sentiment returns.
$BTC Current price: 83124.79, 24h: -1.33%. Don’t rush to buy the dip—wait until the second phase becomes clearer before taking another look.
#BTC
This content does not constitute any buying or selling advice.