#coordinatedattack
coordinatedattack
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FARTCOIN crypto pump and dump
Incident:
Coordinated wallets pumped FARTCOIN up 20% on Hyperliquid and then triggered liquidations earning $1. 3 million.
Hyperliquid's loss:
Liquidity provider vault (HLP) took the opposite side and therefore got impacted, which led to raise questions about the platform design.
FARTCOIN's Outlook:
The token touched a high of $2. 48 in January 2025 but now is trading near $0. 17, with downward moving averages.
Key Levels
Resistance: $0. 20-$0. 22 range.
Support: $0. 12 demand zone.
Market Context
Manipulation: Coordinated activity is the usual thing for memecoin market that exploits thin liquidity.
Previous Incident: Same wallets and a similar squeeze on XPL.
#HyperliquidVulnerability #CryptoMarketAbuse #FartcoinOutlook #ThinLiquidity #CoordinatedAttack
$Fartcoin $HYPER $XPL
Incident:
Coordinated wallets pumped FARTCOIN up 20% on Hyperliquid and then triggered liquidations earning $1. 3 million.
Hyperliquid's loss:
Liquidity provider vault (HLP) took the opposite side and therefore got impacted, which led to raise questions about the platform design.
FARTCOIN's Outlook:
The token touched a high of $2. 48 in January 2025 but now is trading near $0. 17, with downward moving averages.
Key Levels
Resistance: $0. 20-$0. 22 range.
Support: $0. 12 demand zone.
Market Context
Manipulation: Coordinated activity is the usual thing for memecoin market that exploits thin liquidity.
Previous Incident: Same wallets and a similar squeeze on XPL.
#HyperliquidVulnerability #CryptoMarketAbuse #FartcoinOutlook #ThinLiquidity #CoordinatedAttack
$Fartcoin $HYPER $XPL
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