Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingRumors that Balance Coin plunged 99% have not been confirmed
Reports that Balance Coin (BLC) plunged 99% after the attack on the 42DAO still lack verification. In the existing records, there is no on-chain data, project statements or market conditions that can confirm the extent of the attack or price change.
Although Balance Coin appears in the public token catalog, there is currently no conclusive and verifiable source proving that 42DAO was attacked or the BLC price dropped by 99%. This claim cannot be regarded as a given fact until a transaction hash, an official statement of the 42DAO, or verifiable market data is available.
Why a 99% plunge has not been confirmed
A decline of this magnitude is usually reflected in market value, trading volume, liquidity data and smart contract event logs. However, such corroboration is lacking in current records, so the numbers in the title should be regarded as unconfirmed reports rather than measured declines.
Sudden token crashes related to agreement events are not uncommon in the industry. For example, Cardano Ecosystem's Midnight token NIGHT fell to an all-time low after a sell-off of 290 million tokens, which can be traced to a specific and recorded event. The situation of BLC currently lacks such evidence.
What should holders pay attention to
42 The DAO has not issued any confirmed remediation, suspension or compensation announcements, nor has it provided official guidance on user funds or treasury exposure. Holders who want to verify relevant claims should look for block browser main chain records showing the transaction, sender and recipient addresses and timestamps, as well as official statements from the project party.
This report will be updated once there is verifiable evidence of a 42DAO attack or confirmed BLC price changes. Prior to this, the incident was still an unconfirmed account, and existing research could not confirm its authenticity.
Disclaimer: This article is for information only and does not constitute financial or investment advice. There are significant risks in the cryptocurrency and digital asset markets. Before making any decisions, be sure to study for yourself.
