-99% in just 15 minutes! 😱
It's not a chart of a scam "shieldcoin," but rather a Chinese cement production giant with a massive capacity of 58 million tons per year.
Yesterday, its stocks plummeted by a staggering 99% in just a quarter of an hour, causing its market capitalization to nosedive from $1.8 billion to a mere $18 million.
According to Bloomberg, a major shareholder holding 70% of the company's shares forced the sale of securities to settle debts.
This event is akin to Satoshi Nakamoto suddenly reappearing and flooding the market with his 1 million BTC 😬
Stay vigilant and be prepared for unpredictable market movements! 💼#BullorBear #BinanceLaunchpool #Memecoins