🔷 Crypto X-Ray #36: $ONE - 3 trillion fake tokens
Harmony shut down its L1; ONE became an ERC-20 on Ethereum. Market cap ~$16–26 million (aggregators disagree), down 99.6% from ATH.
The network is dead, the token is alive. Harmony gas isn't needed. So what is ONE for now? For now, the answer is a plan: Remix Economy, AI video.
In August, a forged mint of ~3.01 trillion ONE occurred; 141,628 blocks were rolled back. On September 10, the network was halted. The new contract's supply is 26.27 billion, with ~16.42 billion in circulation (CMC).
Horizon hack (2022, $99.6 million), Lazarus — confirmed by the FBI.
Burn, buyback, and revenue share are unconfirmed.
Migration is a change of form, not demand. Too early to bury it, too early to believe.
What to do: watch. Trigger: Remix Economy metrics and the token's role. Invalidation: no role.
Not suitable for those who can't handle thin liquidity.
Do you believe in Remix Economy, or is this just a rebranding? 👇
#CryptoRay #one
Harmony shut down its L1; ONE became an ERC-20 on Ethereum. Market cap ~$16–26 million (aggregators disagree), down 99.6% from ATH.
The network is dead, the token is alive. Harmony gas isn't needed. So what is ONE for now? For now, the answer is a plan: Remix Economy, AI video.
In August, a forged mint of ~3.01 trillion ONE occurred; 141,628 blocks were rolled back. On September 10, the network was halted. The new contract's supply is 26.27 billion, with ~16.42 billion in circulation (CMC).
Horizon hack (2022, $99.6 million), Lazarus — confirmed by the FBI.
Burn, buyback, and revenue share are unconfirmed.
Migration is a change of form, not demand. Too early to bury it, too early to believe.
What to do: watch. Trigger: Remix Economy metrics and the token's role. Invalidation: no role.
Not suitable for those who can't handle thin liquidity.
Do you believe in Remix Economy, or is this just a rebranding? 👇
#CryptoRay #one
