"Breaking News for $HIGH Holders!🚨⚠️
The creators of High Coin have issued an official statement addressing the coin's sudden and drastic decline. According to the statement, the decline was caused by a sophisticated scam perpetrated by Korean traders. These traders held a significant portion of High Coin's stock, estimated to be between 60% to 70%, which they sold off, leading to a catastrophic drop of approximately 70% in the coin's value.
As of now, Korean investors still hold around 20-30% of High Coin's stock, and if they decide to sell their remaining holdings, the coin's price could potentially plummet even further, possibly dropping to 1.2 to 1.5 times its current value.
This announcement sheds light on the unexpected downturn in High Coin's fortunes and serves as a warning to investors to be cautious and prepared for potential market fluctuations."
