The digital token Matic dropped an amazing 70% in just a single hour on December 10, making this probably the severest drop in
crypto history. The token crumbled from $0.042 to $0.012 in a flash leaving traders totally bewildered. The dumped sum is generally $60 million as far as the market top.
This monstrous drop was to some degree sudden in light of the fact that Matic had been performing very well preceding the drop. It was up 180% over a range of about fourteen days before the drop. The emotional drop left the online life stage, Twitter in a craze with individuals scrutinizing the administration or thinking about whether it was an inside activity.
Source: TheCoinRepublicThis is not a terrible history in the crypto space, the MATIC decrease is nothing compared to NXT at that time.
NXT is worse and until now the coin feels dead to me, we have to be prepared with everything on the exchange and that's why we all need to check and agree to the agreement when registering on the exchange.