The crypto world has never lacked spontaneous enthusiasm, but it often stumbles between good intentions and boundaries. Recently, the HAPPY-SCI token's market cap soared to nearly zero, highlighting this contradiction, and CZ's response further touched on several core issues in the industry that are often overlooked.



However, this "enthusiasm" was not officially recognized and was instead met with cold water. Siyuan quickly clarified that Happy-SCI is a charitable project that does not conduct public fundraising and will never issue tokens, then directly burned approximately $420,000 worth of BNB. After losing official endorsement, the HAPPY-SCI token's price plummeted, and its market cap eventually dropped to $160,000, causing heavy losses for early investors following the trend. On January 14, CZ responded to this incident, expressing understanding and sympathy for the community and P Xiao, and also raised several thought-provoking questions.
HAPPY-3.66%
BNB3.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)