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ETH $1,778.74 +0.13%
BNB $605.21 -1.69%
XRP $1.21 -2.24%
SOL $72.84 -2.43%
TRX $0.3185 +0.24%
DOGE $0.0864 -1.32%
ADA $0.1702 -4.86%
BCH $214.73 -4.90%
LINK $8.25 -0.48%
HYPE $73.20 +0.70%
AAVE $76.12 +0.54%
SUI $0.7971 +0.58%
XLM $0.2199 +1.17%
ZEC $506.93 -3.53%

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
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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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