Odaily News KOGE project owner 48ClubIan posted on X platform: "The crash was not caused by 48Club Treasury dumping KOGE. The crash was not caused by me dumping KOGE. 48Club has no business dealings with ZKJ project owner, nor any similar plans. 48Club Treasury does not hold (or have held) ZKJ. I personally do not hold (or have held) ZKJ. Colleagues from Binance Research and Binance Web3 have consulted me about the price drop, and I have given the above explanation. 48Club has never provided "a low-fee pool that limits large amounts to enter". In fact, it is technically impossible to do this by providing IP. Some opinions: For details of the events that directly led to the price drop, please see @ai_9684xtpa's analysis. Alpha asset pair brushing can be counted as transaction volume points, which is an obvious loophole in the rules. I have expressed my opinions and warned of risks on many occasions on Binance Square and Twitter. Some plans: 48Club will hold the second KOGE on June 16. The trading competition lasts for one week. Some words from the heart: Please correctly distinguish between "being able to see through the conspiracy behind things" and "being the promoter of the conspiracy behind things". If the person who warns of risks must be the initiator of risks, then why should you help up the old man you knocked down? Be more positive and don't always think that everyone is trying to cut you. I have no interest in cutting you, your assets are thinner than the blade of the knife I use. "