🚀 The market maker error led to a 90% crash of Planck
📉 A technical error by the market maker Planck on Binance Alpha led to the token price being inflated 10 times for a short period, causing a sell-off and volatility.
➡️ Because of this, the launch of the super-blockchain for AI and DePIN projects turned out to be unprofitable, and the price of the token collapsed by 90%.
➡️ However, the founders of Planck say that the losses are not that critical, as the spot price of the token was initially estimated at $0.17 and they promise good news in the coming days.
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🚀 The market maker error led to a 90% crash of Planck
📉 A technical error by the market maker Planck on Binance Alpha led to the token price being inflated 10 times for a short period, causing a sell-off and volatility.
➡️ Because of this, the launch of the super-blockchain for AI and DePIN projects turned out to be unprofitable, and the price of the token collapsed by 90%.
➡️ However, the founders of Planck say that the losses are not that critical, as the spot price of the token was initially estimated at $0.17 and they promise good news in the coming days.