SOON CEO responds to unusual price fluctuations: the team has not sold tokens, and product development will continue

SOON co-founder and CEO Joanna Zeng posted on X platform, stating that recently, the SOON community and project are facing abnormal price fluctuations of the token. The SOON team’s preliminary investigation found that this fluctuation is suspected to be an organized manipulation, targeting multiple assets, including SOON, with the intention of creating panic and profiting from it.

The SOON official emphasized: the team has not sold any SOON tokens, nor profited from this incident; the project will not be terminated because of this, 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.