Crypto hacks and tokenomics manipulations

By Ticktalker | ticktalker'sblog | 2 Feb 2024


During the last period we had multiple “hacks” | “bad tokenomics” news:

 

• MIM stablecoin with $6.5M exploited

• Ripple with 213M XRP hacked

• ROUTE changing tokenomics

• CHNG changing tokenomics

 

If you still think this is all a coincidence, think twice.

 

It's all premeditated.

 

They “casually” coincide with HTF levels.

 

Curious, ain't it?

 

We will see more hacks and tokenomics shifts as long as proceed in the bull market, you may wonder why.....

 

  • Lack of security and auditing: Some DeFi projects may have neglected to implement proper security measures or conduct thorough audits of their smart contracts, leaving them vulnerable to exploits and attacks.
  • Greed and manipulation: Some projects may have intentionally changed their tokenomics to benefit themselves or their insiders, at the expense of their users and investors. They may have also timed these changes to coincide with high time frame (HTF) levels, which are areas of significant liquidity and price action in the market.
  • Market volatility and uncertainty: The crypto market is often influenced by external factors, such as regulations, news, sentiment, and global events. These factors can create volatility and uncertainty, which may trigger panic selling or buying, leading to price movements that affect the HTF levels.

Remember to stay SAFU out there, everyone is chasing profits and your liquidity can become someone else profits if you are not careful.

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Ticktalker
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I am a comic relief content creator and web3 enthusiast, I write contents to share things I learn and research about.


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