In 2019, a new cryptocurrency called 'Dawn Protocol' emerged, claiming to 'disrupt the cross-chain era,' attracting a large number of investors in just two weeks. The project team continuously released technical blueprints and partnership lies, even showcasing endorsements from professional teams, leading countless people to believe it would become the next on-chain revolution. The coin price surged from $0.02 to $0.9, and community enthusiasm exploded.
However, in the third week, the project's social media accounts were suddenly all cleared, the code repository was deleted, and the fund pool was emptied within minutes. The once-boisterous community instantly turned silent, and countless investors lost their money; 'Dawn Protocol' became a classic case of a rapid unplugging.
This story reminds everyone:
In the cryptocurrency world, the more astonishing the rise and the more beautiful the promises, the more one must remain calm. Do not overlook the authenticity of the project, the credibility of the team, and the safety of funds due to FOMO. What truly can endure through cycles is never a fantasy, but rather a transparent, stable project that can withstand the test of time. Caution is always the most important asset in the cryptocurrency world.