Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Analysis: KOGE Was Dumped First, Possibly Because ZKJ Has a Contract and Better Liquidity, Requiring More Capital to Crash

Analysis: KOGE Was Dumped First, Possibly Because ZKJ Has a Contract and Better Liquidity, Requiring More Capital to Crash

View original
星球日报星球日报2025/06/15 14:31

According to analysis by @ai_9684xtpa, the main reason for dumping KOGE before ZKJ may be that ZKJ has contracts, allowing them to short on exchanges while simultaneously dumping on-chain. Additionally, from a liquidity perspective, ZKJ has better liquidity, so dumping it would require more capital.
Both ZKJ and KOGE have extremely narrow LP ranges. If a large amount is dumped through these ranges and there isn’t enough capital to absorb the sell orders, a flash crash becomes inevitable. As LPs see the token price drop, panic selling may occur, creating a vicious cycle that drives the price down further. It is speculated that the continuous decline in Alpha trading volume over several days could be a trigger, and the massive exit of LPs is essentially a “race to the exit.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!