Matic Lost 73% within Hour
Matic was an ICO/Launchpad made on Binance.
Somehow today it lost over 73% in one hour this means - new API hack on the exchange or something is very wrong with the token and news will hit soon.
As a reminder:
Binance Chart
Look on volume, 14k+ BTC, this is just crazy.
Lets see, what happends next.
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Why does it have to be a hack? It could just be the market working the way it is supposed to. If a whale dumped this could scare others to want to dump. It hasn't really gone back up, so maybe this was just the market finding a new price.