2026-01-20 00:33:58

A new token launch just caught the spotlight for questionable practices. The project retained $9.4m from public fundraising, yet kicked off trading with a $20m valuation—now crashed to just $1.4m FDV in under an hour. That's a dramatic washout.

What's worth watching here is how this plays out. Anyone stepping into advisory roles, service partnerships, or KOL endorsements around such projects should understand the reputational stakes. When deals like this unravel, the ecosystem tends to remember who was involved and how they handled it. Fund sources, token mechanics, and backer credibility matter way more when things get scrutinized post-launch.

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FreeRider

· 19h ago

Another big show, leaving 9.4m and still daring to launch at a 20m valuation— isn't this suicide? KOLs need to be careful. Next time they take on such work, they really need to think about the consequences. Just want to ask, how many people really didn't see that this is a trap?

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SocialAnxietyStaker

· 19h ago

9.4m import pocket, 20m valuation, crashed to 1.4m in an hour. I've seen enough of this trick.

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PumpDoctrine

· 19h ago

NGL, this is just outrageous. A 93% crash in one hour, and you still have the nerve to call it a project? --- KOLs, wake up! Endorsements like this are bound to crash sooner or later. --- 9.4 million hidden away, then turning around to a 20 million valuation... classic rug setup, I tell you. --- The ecosystem has such a good memory; anyone involved is doomed. No need to bother. --- That's why I never touch projects with an advisor title. How much is reputation worth anyway? --- They dare to get in without even checking the fund source. Who's to blame? --- Seeing KOLs get buried, I feel relieved. Serves them right. --- $1.4 million? So they just drained 9.4 million for this? LOL. --- Token mechanics are obviously a scam; how can anyone still believe in this? --- It'll be interesting to see how many people try to clean this up after this wave.

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DataBartender

· 19h ago

Another big scam drama is happening again. This move is truly disappointing. That's why I never touch new coins without a background. KOLs need to be more cautious. Once fooled, their reputation is ruined. In one hour, it dropped from 20 million to 1.4 million. Unbelievable.

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BearMarketSage

· 19h ago

It's the same old trick again... 9.4m hidden, 20m valuation at open, and within an hour, it drops to 1.4m FDV. LOL KOLs better keep their eyes open; the blood debt of projects like this will ultimately be on your head.

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TokenToaster

· 19h ago

9.4m in the pocket, 20m valuation at open, crashed to 1.4m in an hour... this script is really ruthless Friends who are KOLs and consultants, be more cautious. When such projects crash, the ecosystem's memory is extremely good In the crypto world, reputation is more valuable than money

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