🔻 Two recent token crashes have reignited concerns about insider selling and tokenomics
📉 Humanity Protocol’s $H token plunged over 90% after 100M H (worth roughly $11.4M) were issued and sold on the market. The team claims the incident was caused by compromised keys, but parts of the crypto community suspect a self-hack or coordinated pump-and-dump scheme. 🧐
🌵Meanwhile, Sahara AI’s $SAHARA token dropped 64% following large transfers to Upbit. Traders believe the moves may be linked to insider selling ahead of the scheduled unlock of more than 1B SAHARA tokens.
Both incidents highlight a recurring issue in crypto: low float, large unlocks, and opaque treasury management can quickly destroy investor confidence. 👀