Bondex reveals that BDXN was manipulated by snipers on the day of its launch, causing abnormal price fluctuations before returning to the expected range

According to Foresight News, Bondex revealed in a post that on the day of the BDXN token's launch, a sniper from PancakeSwap used custom smart contracts and validator bribery vulnerabilities to manipulate prices. This person is a well-known malicious attacker who has targeted recently launched projects such as ASRR and MYX. In the BDXN case, the sniper spent over $300000 to buy in advance, $134000 to manipulate block time, raise the initial price, and artificially create selling pressure when listed on the centralized exchange (CEX). In addition, a centralized exchange went online earlier than planned, combined with Sniper's actions, causing FDV to artificially soar to nearly $2 billion. With the launch of other CEX and token tracking websites, snipers and artificial FDVs have triggered cross platform chain selling. In fact, BDXN has been consolidating between $0.065 and $0.07, which is within the expected range of the team's token launch.