Dear ABJCOIN community, while looking into the cause of the crash in the market of ABJCOIN, we asked all the exchangers to pause trading and search through their system to discover cause. It was discovered that there was an hack of about 689,000ABJ and sold at ridiculous prices to users with over a 24hours trading volume of 523,000USD. The correct statistics as to amount has not fully been disclosed by the exchangers.
On this, we urge every ABJCOIN holder to secure his/her account to help us fix this.
We have asked the exchangers to resume trading , as we believe that the community will recover from this faster. We are setting measures to return back to best price soon. #AbjcoinMoon
Best Regards,
Abjcoin Developers
There was more than likely no hack. A large holder probably just sold their holdings and crashed the market, probably even the ABJ team. The only difference is they cannot fork and reverse all transactions again. The previous fork was to help them control the supply of ABJ and therefore the price. It would be become obvious if they decided to fork again claiming hack without providing details.
Before saying nonsense, look at the investor's price to buy coins!
The investor will not sell at such low prices.
This was clearly a hacking !!!
making fork means losing credibility and investors.
The project went on a fair path, they will buy coins themselves at cheap prices + smart investors see that now the price for a coin with 9,000,000 (now, a total of 30 million ) issues is very sweet and you need to buy as much as possible now, and sell not earlier than the price will exceed the $ 1 US mark