Polyhedra emphasizes technical robustness: ZKJ big dump due to abnormal exchange.

The blockchain project Polyhedra Network (ZKJ) recently encountered an abnormal fall in token prices, attracting widespread attention from the market and community. In response to user concerns, the Polyhedra team promptly issued a statement emphasizing that the project’s technical foundation remains solid and that the price fluctuation is due to “a series of abnormal on-chain transactions in a short period of time.”

Abnormal transactions caused the ZKJ price to fall sharply.

According to the official account of Polyhedra @PolyhedraZK on the social platform X, the recent ZKJ price has significantly plummeted, mainly due to a series of abnormal on-chain transactions that occurred between the KOGE trading pair. These operations happened within a very short period, impacting the market and causing the price to drop rapidly. Currently, the official has not disclosed the specific details of the transactions, but the team has launched an investigation and promised to provide an explanation as soon as the situation is clarified.

Despite the short-term fluctuations in the market, Polyhedra stated that the project’s technical architecture and long-term development direction have not been affected. The statement pointed out: “We are still steadily advancing construction according to plan, thanks to the firm support from the community.” Polyhedra is currently closely following the details of the related abnormal transactions and will release more information after the investigation is concluded. The community also urges investors to avoid excessive panic and emotional trading before the official announcement is made.

This article by Polyhedra emphasizes the technical robustness: ZKJ’s fall was due to abnormal trading, first reported on blockchain news ABMedia.