SOON Responds to Unusual Price Fluctuations: No Tokens Sold, Product Development to Continue
Odaily Planet Daily reported that SOON co-founder and CEO Joanna Zeng posted on the X platform, stating that recently, the SOON community and project have faced abnormal token price fluctuations. A preliminary investigation by the SOON team suggests that this volatility appears to be the result of organized manipulation, targeting multiple assets including SOON, with the intention of creating panic and profiting from it. The SOON official team emphasized that they have not sold any SOON tokens nor profited from this incident; the project will not be terminated because of this, and product development will continue as planned. SOON Labs stated that they will continue to advance ecosystem development and conduct an in-depth investigation into the incident, with a detailed analysis report to be released to the community soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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