I need help from experienced Binance and Web3 Wallet users. I would really appreciate your guidance.
I purchased BNB through the Binance Exchange and transferred it to my Binance Web3 Wallet. Then I swapped my BNB for a token called JPG and started trading.
After buying JPG, its price started going up significantly. I wanted to close my position and secure my investment, but unfortunately, I couldn't close the trade.
The strange thing is that the JPG price chart is still showing an upward trend, but suddenly my Web3 Wallet account balance dropped to ZERO!
I cannot understand what happened:
1. Why did my wallet balance suddenly become zero? 2. Why couldn't I close my position when the token price was increasing? 3. Is this a liquidity issue, a smart contract problem, or a possible honeypot scam? 4. Is there any way to recover my original investment?
If any experienced Binance or Web3 Wallet user has faced a similar issue, please guide me.
I would be extremely grateful for your help and technical advice.