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POWER Coin's 90% Crash: What Did Founder Kam Punia Do? Every Crypto Investor Should Read This! (Kam Punia, Founder of Pixion Games and Power Protocol – a London-based gamer with 10+ years in the industry, from Konami to Yu-Gi-Oh! esports, now building Web3 gaming dreams.) Hey, admit it – you've been there too, right? That rush of FOMO when a new coin skyrockets, thinking, "This is the one that'll make me rich." Power Protocol ($POWER) launched in December 2025. Price jumped from $0.25 to $2.94 – a 10x pump. With Fableborne game's 380,000 players and $15.5M funding from big names like Delphi, Spartan, and Bitkraft, everyone was buzzing. Then, the night of March 3-4, 2026 (11 PM to 9 AM) changed everything. What Really Caused the Crash? A team-linked multisig wallet (address: 0x027A...cd6c) dumped 30 million POWER tokens ($16.23 million worth) onto Bitget (20M) and MEXC (10M). Another intermediate wallet (0x9D700...d63) was involved.Result? Price plummeted from $1.86 to $0.1178 – a 90%+ drop in one night. March 5's token unlock added fuel. Ronin Bridge paused. Liquidity vanished. Panic selling ensued. The Hidden Truth in Tokenomics: Total supply: 1 billion. Circulating: just 21% (210 million).Team + shareholders hold 22.5%, community 37.2%.Top 10 wallets control 93% of supply. Basically, most of the pie was with insiders – they cashed out at the peak.Human Psychology at Play: We're all wired the same. FOMO pushes us to buy high. Greed whispers, "It'll go 10x more." When insiders dump, betrayal hits hard, triggering panic – we sell at a loss, while they pocket profits. It's the classic cycle repeating every few months: Smart money exits quietly, leaving retail holding the bag.What Could Happen Next? If the team provides transparent reports and halts unlocks, recovery to $0.3-$0.5 is possible (by 2027).Otherwise, more sell pressure could tank it to $0.05 or zero.On X, 60% are still hoping for a "recovery" – but trust is shattered. Lessons Every Investor Must Learn: Always check token distribution first – how much does the team hold?
Se ottengo questo, lo darò al commentatore principale 💭💭, ma sappi che i piccoli creatori non possono essere selezionati in questo tipo di contenuto $BNB #BinanceSquareTalks $ETH #BinanceSquare