2d ago
The 1011 liquidation event was painful when it cleared to many people's held tokens, but tokens like $om, $act, and many others from previous flash crashes were all forgotten after two or three days of commotion. To this day, I haven't seen anyone able to clearly explain the reasons behind the flash crashes; the big players behind it still operate freely and recklessly. There are also a bunch of tokens on BSC that are used by "haircut scientists" to inflate trading volume, with prices remaining stagnant for years, only to suddenly spike unexpectedly, which is quite strange.
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