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BTC $62,833.25 -1.23%
ETH $1,875.37 -0.49%
BNB $606.62 -0.64%
XRP $1.00 -0.42%
SOL $75.52 -0.39%
TRX $0.3333 -0.12%
DOGE $0.0695 -0.78%
ADA $0.1826 -1.27%
BCH $205.10 -4.08%
LINK $8.82 +1.23%
HYPE $56.50 -1.83%
AAVE $86.94 -2.02%
SUI $0.6773 -1.63%
XLM $0.1589 -1.24%
ZEC $489.48 -1.15%

swarms: The token price is being maliciously manipulated, and a proposal is being introduced to increase the team's chips from 2% to 10%

2025-02-01 14:43:44

ChainCatcher news, according to a post by swarms on platform X, the team only holds 2% of the tokens, which is a mistake that allows the price to be manipulated by malicious holders and exchanges.

swarms is launching a proposal aimed at increasing the team's token holdings to 10%, which will be achieved by establishing a DAO, and then allowing token holders to join and invest in the tokens.

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