SOON responds to abnormal price fluctuations: No tokens have been sold, product development will continue
Odaily News Joanna Zeng, co-founder and CEO of SOON, posted on the X platform that the SOON community and project have recently faced abnormal price fluctuations in tokens. The SOON teams preliminary investigation found that the fluctuations were suspected to be organized manipulation, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it. SOON officials emphasized that the team did not sell any SOON tokens and did not profit from this incident; the project will not be terminated and product development will continue. SOON Labs said that it will continue to promote ecological construction and conduct an in-depth investigation of the incident, and will release a detailed analysis report to the community later.
You may also like

Lil Pump’s Bold Solana Tattoo Move: Rapper Dumps SOL Tokens After Inking Blockchain Name on Forehead
As of August 14, 2025, the world of crypto and celebrity antics continues to collide in unexpected ways.…

Fairdesk Crypto Exchange Shuts Down Amid Regulatory Pressures: A Look Back on Its Closure
As of today, August 14, 2025, the cryptocurrency landscape continues to evolve rapidly, with past events like the…

Bitcoin Faces Resistance at $125K, Signaling Potential Consolidation Before Surge to $140K
As of today, August 14, 2025, the cryptocurrency market is buzzing with activity, and Bitcoin is at the…

XRP Price Chart Signals Potential 75% Surge as SEC Concludes Lawsuit Against Ripple
As of today, August 14, 2025, XRP continues to navigate a key legal obstacle with an injunction limiting…

Kalshi Election Betting Contracts Surge After Major Court Victory
The innovative prediction marketplace Kalshi has rolled out over a dozen contracts linked to U.S. political events since…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]