๐ $PORT3 Went to Zero โ Confirmed Exploit ๐
๐จ This wasnโt a dip. It was a full-scale breach.
๐ What Actually Happened
๐ ๏ธ A vulnerability in PORT3โs cross-chain mechanism (CATERC20) got exploited.
๐ฃ Hacker minted ~1,000,000,000 (1B) PORT3 tokens out of thin air.
๐ธ They dumped a large portion, triggering massive sell pressure.
๐ฅ Remaining ~837M tokens were later burned to try limiting damage.
๐ง Liquidity was pulled and trading/deposits were paused by the team & exchanges.
๐ Price crashed over 82% โ from $0.037 โ ~$0.0066, essentially entering zero territory.
โ ๏ธ Why This Is Serious
๐งจ Tokenomics destroyed due to unauthorized supply increase.
โ Liquidity issues โ exiting positions may be hard.
๐ Market confidence heavily damaged.
๐ Team plans to migrate and reissue tokens, but trust remains under question.
๐ If Youโre Holding $PORT3 ๐ Donโt average down.
๐ Wait for official audited remediation.
๐ Closely monitor on-chain and exchange updates.
๐ Treat this as a security failure, not market volatility.
๐ง Lesson Learned:
Risk management matters more than hype. In crypto, โwent to zeroโ can happen in one exploit.
Stay safe. Protect your capital. ๐ผ