What is the purpose of Matic..? These IEO coins are no different than any ICO coins. People need to understand that Biance doesnt endorse these coins or projects. They are just platform to give them investments. Sooner or later this was going to happen but the dump is higher than we expected.
I understand your concern but matic dump was bound to happen because its tokenomics and allocation was clearly indicated on the whitepaper. So team released a percentage of the tokens as planned. I have no problem with that seriously, smart investors would have sold matic after the incredible moon and bought back.