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Piggycell’s PIGGY token crashed after a sudden mint-and-dump, raising concerns about token controls, smart-contract design, and Binance Alpha’s listing safeguards. A single wallet minted and dumped a large number of tokens, resulting in a 90% price collapse. Piggycell markets itself as a Korean power-bank network tokenized via PIGGY on Binance Alpha. Traders suspect a potential rug pull or exploit.
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