The SOON team responds to abnormal price fluctuations: no tokens have been sold, and product development will continue.

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On July 8, Joanna Zeng, co-founder and CEO of SOON, published a statement indicating that the SOON community and project party are facing abnormal price fluctuations of the Token recently. The SOON team’s preliminary investigation found that this fluctuation is suspected to be the result of organized manipulation, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it. The SOON official emphasized: 1. The team has not sold any SOON Tokens and has not profited from this incident; 2. The project will not be terminated and product development will continue. SOON Labs stated that it will continue to promote ecological construction and conduct an in-depth investigation into the incident, and will later release a detailed analysis report to the community.

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