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$HIGH Market Manipulation Update!!!š„š„
The #HIGH token, associated with the #Highstreet project, recently experienced a significant price dump shortly after its listing on Binance. The tokenās value plummeted by over 70%, alarming investors and raising questions about the projectās stability and the teamās response.
The Highstreet team acknowledged the dump and attributed it to a combination of market manipulation and panic selling. In their update, the team emphasized their commitment to the project and assured investors that they are actively working to stabilize the #token. They highlighted several measures, including:
Enhanced Security and Monitoring: Implementing stricter security protocols to prevent future manipulations and closely monitoring market activities to detect and address suspicious transactions early. šš
Community Engagement: Increasing transparency and communication with the community to rebuild trust. They scheduled multiple AMAs (Ask Me Anything) sessions to address concerns and provide updates on the projectās progress. š¬š£ļø
Development Roadmap: Reaffirming their commitment to the projectās long-term vision by sticking to their development roadmap. They outlined upcoming milestones and features to keep the community informed about the ongoing efforts and advancements. š¤ļøš
The team is also collaborating with #Binance to investigate the dump and take necessary actions against any detected malicious activities. This proactive approach aims to restore investor confidence and ensure the projectās resilience against future market volatility.
The #HIGH token, associated with the #Highstreet project, recently experienced a significant price dump shortly after its listing on Binance. The tokenās value plummeted by over 70%, alarming investors and raising questions about the projectās stability and the teamās response.
The Highstreet team acknowledged the dump and attributed it to a combination of market manipulation and panic selling. In their update, the team emphasized their commitment to the project and assured investors that they are actively working to stabilize the #token. They highlighted several measures, including:
Enhanced Security and Monitoring: Implementing stricter security protocols to prevent future manipulations and closely monitoring market activities to detect and address suspicious transactions early. šš
Community Engagement: Increasing transparency and communication with the community to rebuild trust. They scheduled multiple AMAs (Ask Me Anything) sessions to address concerns and provide updates on the projectās progress. š¬š£ļø
Development Roadmap: Reaffirming their commitment to the projectās long-term vision by sticking to their development roadmap. They outlined upcoming milestones and features to keep the community informed about the ongoing efforts and advancements. š¤ļøš
The team is also collaborating with #Binance to investigate the dump and take necessary actions against any detected malicious activities. This proactive approach aims to restore investor confidence and ensure the projectās resilience against future market volatility.