【Warning from the Market Maker】Another project has collapsed! Behind BELIEVE's drop to zero by 99%, was there an early harvesting script? Believe founder Benjamin Pasternak was arrested on charges of secondary coercion and assault, and is expected to appear in court on June 11. Earlier, he was also accused of participating in a multi-million dollar token "withdrawal and run" scheme. The platform's native token BELIEVE is now only about $0.00075, down over 99% from its 2025 high of $0.3569. On the surface, this looks like "the founder's trouble caused the coin price to crash." But from a market maker's perspective, this kind of trend is often not sudden but a pre-designed exit plan. Why? Because a token dropping from a high point to zero usually goes through three stages: Story phase: narrative attracts retail investors to enter and push up the price; Rise phase: creating a wealth effect to attract buy-ins and sell-offs; Distribution phase: gradually pulling out after distributing at high levels. And only then do you see the "news explosion."

BELIEVE-15,17%
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