DRIFT just took a major hit and now we know why🚨
$DRIFT Down 53%👀📉🛑
Price ran up cleanly to around 0.072 but then everything flipped fast. Then a sharp sell-off dragged it down to 0.050-0.043, and panic pushed it all the way to 0.037 nearly a 50% drop.
The Reason?
Reports of a $200M–$220M exploit on Drift Protocol making it one of the biggest Solana DeFi hits since the Wormhole incident.
Right now price is barely holding around 0.038 with weak bounce attempts confidence is shaken, and the market is still processing the damage.
keep an eye on it 👀