$BOME BOME cryptocurrency: risks and warnings behind the craze#EyesOnBTC

The plunge of BOME is not accidental. Before its listing, there was news that a crypto whale bought a large number of BOME tokens on the Raydium decentralized exchange, which raised concerns about insider trading. Subsequently, the price of BOME fluctuated violently after its listing on Binance, which exacerbated the panic in the market. Although Binance quickly launched an internal investigation and emphasized that the user was not a Binance employee, the incident has caused immeasurable damage to BOME's reputation and investor confidence.