Security· ★★· bearish·

BlockchainFX BFX Crashes 99% After Presale Token Release With Just $18,800 in ETH Added to Liquidity

  • —BFX hit an all-time low of $0.00003816, down 99.92% from its advertised $0.05 launch price
  • —Only 7.0272 ETH worth $18,800 was added to liquidity — 0.13% of the reported presale raise
  • —Just $7,767 in trading volume over five minutes was enough to crash the token
  • —The pool now holds $519 in combined liquidity, with hourly volume down to a few hundred dollars
Why it matters: The case highlights how presales with tiny liquidity can wipe out retail investors while promoters advertise large gains.
Source: The Holy Coins