Why Stratis STRAX very volatile today?

The deadline for on-chain token swaps to 6 PM GMT on the 20th March 2024.

No one know what happen after this deadline to CEX Holder as no one of the team make any announcement for this matter as the new supply and swap converting is 1:10 so will be increasing 10x. CAUTION. How do you think? $STRAX #straxusdt