🚀 Investor Suffers Significant Losses Due To POWER Token Scam
#InvestorLoss #POWERToken #ScamAlert #CryptoLosses #OnChainAnalysis #HackedAccount #InvestmentFraud #TokenScam #Cryptocurrency #BlockchainSecurity
According to Odaily, an on-chain analyst identified as @ai_9684xtpa reported that an investor with the address 3pFW9...C7ZPQ incurred a loss of $221,000 within an hour after investing in the POWER token. The investor initially invested $237,000, resulting in a loss exceeding 93%. The average entry price was $0.006132 per token, but after confirming that the @TrumpDailyPosts account was hacked, the investor sold at a significantly lower price of $0.0004212.
Earlier today, SlowMist's Cosine posted on X, stating that the recent tweet from @TrumpDailyPosts about POWER was a scam, and the false information has since been deleted. The compromised account was related to Trump but not officially affiliated with him. The creator's address, starting with 4GwVi8, had its gas source linked to SideShift, the same platform associated with the gas source of a meme posted by a hacked MetaMask co-founder Farcaster account earlier in the day.#InvestorLoss #POWERToken #ScamAlert #CryptoLosses #OnChainAnalysis #HackedAccount #InvestmentFraud #TokenScam #Cryptocurrency #BlockchainSecurity
🚀 Power Protocol's POWER Token Experiences Dramatic Volatility
#PowerProtocol #POWERtoken #volatility #NS3AI #RoninBridge #tokenunlock #marketmanipulation #bearishsentiment #cryptocurrency
Power Protocol's POWER token saw a significant surge of over 900% in February, followed by a sharp decline of 90% in a single day, erasing all previous gains. According to NS3.AI, the sudden drop was attributed to a temporary pause in the Ronin Bridge, which led to price discrepancies and concerns over an impending 1.2% token unlock. Investor sentiment has shifted to bearish, with allegations of market manipulation adding to the uncertainty as the March 5 token unlock approaches.#PowerProtocol #POWERtoken #volatility #NS3AI #RoninBridge #tokenunlock #marketmanipulation #bearishsentiment #cryptocurrency