A 97% drop within an hour, and they didn't even bother to hide it. Such flash crashes are actually quite common in the crypto world—certain projects or tokens experience massive sell-offs in a very short period. What are the usual reasons behind this? Project teams cashing out, large investors panicking and selling, liquidity drying up... This time, the operation was straightforward, with no attempt to manipulate the price. For retail investors, this is the harshest lesson: seemingly stable prices can collapse in an instant. For traders, catching such extreme volatility can be an opportunity. But the problem is, a 97% decline essentially means most participants are already out. This is not just a price phenomenon; it reflects the true mindset of market participants—when confidence collapses, no one is willing to take the risk anymore.