PANews reported on September 17th that JuCoin's platform token, JU, plummeted rapidly at 12:45 AM this morning, reaching a low of $6 around 6:00 AM, a 74.96% drop from its 24-hour high of $23.9656. JU is currently trading at $7.3435, a 24-hour drop of 69.19%. JuCoin issued a statement stating, "Due to the broader market environment and external liquidity, the platform token has experienced significant short-term price fluctuations. Ju.com's operations and financial security remain unaffected, all business segments operate normally, and user assets are secure. The platform token's price fluctuates due to market sentiment, the macro environment, and secondary market trading, and this is within normal limits."PANews reported on September 17th that JuCoin's platform token, JU, plummeted rapidly at 12:45 AM this morning, reaching a low of $6 around 6:00 AM, a 74.96% drop from its 24-hour high of $23.9656. JU is currently trading at $7.3435, a 24-hour drop of 69.19%. JuCoin issued a statement stating, "Due to the broader market environment and external liquidity, the platform token has experienced significant short-term price fluctuations. Ju.com's operations and financial security remain unaffected, all business segments operate normally, and user assets are secure. The platform token's price fluctuates due to market sentiment, the macro environment, and secondary market trading, and this is within normal limits."
JuCoin's platform token JU plummeted in the early morning, and the platform responded that it was "affected by the market environment and external liquidity."
PANews reported on September 17th that JuCoin's platform token, JU, plummeted rapidly at 12:45 AM this morning, reaching a low of $6 around 6:00 AM, a 74.96% drop from its 24-hour high of $23.9656. JU is currently trading at $7.3435, a 24-hour drop of 69.19%. JuCoin issued a statement stating, "Due to the broader market environment and external liquidity, the platform token has experienced significant short-term price fluctuations. Ju.com's operations and financial security remain unaffected, all business segments operate normally, and user assets are secure. The platform token's price fluctuates due to market sentiment, the macro environment, and secondary market trading, and this is within normal limits."
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