Almost all the altcoins are recovering these days but Pancake Bunny Token is in a deep dip. From the high around $442, it is now sitting at $12. Can anyone explain why it is dipping so hard? Investors of this project are at a huge loss right now. Will it recover in the future or it's a Game over for this token?
that is the effect of flash loan attack. approximately 200 million worth (bunny and bnb tokens) lost pancake bunny team. last few months some massive hacking attacks in defi projects (binance smart chain) just yesterday in polygon have been attacked over 600 million.
sad to remember that who's investors buy at high price. clash 400$+ to 12$ i do not think recover the big gaps in future.