CoinVoice has recently learned that Slow Mist founder Yu Xian stated, 'The Sui ecosystem project OceansGallerie (@OceansGallerie) is indeed quite strange. The token pool is too controlled, with a total token supply of 10 billion OCEANS. Holders are overly concentrated, and within less than a week of issuance, the token has already dropped by dozens of times. Now the pool has less than 20,000 dollars. The addresses of the abnormal operations have a strong connection to the OCEANS token issuance address.'
According to X user @tongyiju, Cetus Protocol claimed on November 20 that it created an Oceans pool, promising daily incentives. On November 23, Oceans announced a collaboration with an investment fund under ADA. @tongyiju invested tens of thousands of Sui as liquidity, but at 3 AM yesterday, the project team withdrew the liquidity, causing the pool to crash. [Original link]