Matic Lost 73% within Hour
Matic was an ICO/Launchpad made on Binance.
Somehow today it lost over 73% in one hour this means - new API hack on the exchange or something is very wrong with the token and news will hit soon.
As a reminder:
Binance Chart
Look on volume, 14k+ BTC, this is just crazy.
Lets see, what happends next.
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Got out at 555 sats got back in at 199
I spoke with Sandeep for a bit, we were supposed to hop on a Skype call but he was running late and I was running tight on time so we just messaged each other instead. He is the real deal, they are legit and will deliver and as they start to grow, Matic's potential will be more evident.
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And I just doubled my money on it. :)
Steem looks good now 🤣🤣🤣
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Why does it have to be a hack? It could just be the market working the way it is supposed to. If a whale dumped this could scare others to want to dump. It hasn't really gone back up, so maybe this was just the market finding a new price.