📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Polyhedra released a preliminary incident report: the big dump was triggered by a chain reaction caused by an on-chain coordinated liquidity attack.
PANews reported on June 17 that the ZKJ Token plummeted over 85% on June 15, with preliminary investigations indicating a chain reaction triggered by an on-chain coordinated liquidity attack. Multiple addresses rapidly sold off ZKJ after large withdrawals from PancakeSwap, causing price imbalances in the KOGE/ZKJ pool, while Wintermute transferred approximately 3.39 million ZKJ to centralized exchanges (CEX) in a short period, increasing the selling pressure. Over 94 million dollars of Liquidation occurred within the CEX, further triggering a big dump. Polyhedra stated that the team did not sell ZKJ and only participated in providing liquidity, and they will release a more detailed analysis later.