TRADOOR Token Crashes 90% in 30 Minutes Amid Suspected Price Manipulation and Wash Trading

Gate News message, April 25 — TRADOOR token experienced a sharp 90% price crash over 30 minutes at 2:00 AM today, according to on-chain analyst Specter. The token had surged as much as 900% since March 2026 before the sudden collapse, raising suspicions of price manipulation and coordinated trading activity.

Specter's analysis reveals that the project team's primary wallet controls 72.12% of the total token supply. The team distributed 17.93 million TRADOOR tokens across more than a dozen associated addresses and engaged in apparent wash trading between September 19-21, 2025. Since November 2025, multiple wallets linked to the team have made deposits to a major centralized exchange, where 11% of TRADOOR's supply is currently held—a portion that may be controlled by the project team or its affiliates.