Ah, the grand theater of cryptocurrencies! Enter the SOON Foundation, armed with a $200K Token Redemption Program—a lifeline tossed into the turbulent sea of market chaos. For those who’ve been clinging to their tokens like driftwood after the July 5th price massacre, this is your chance to sell at $0.14 per token. A noble gesture, indeed, aimed at restoring faith in a project that recently faced the crypto equivalent of a Category 5 hurricane. 🌪️
- The SOON Foundation has launched a $200,000 Token Redemption Program, offering guaranteed buybacks at $0.14 per token. Bargain or bailout? You decide.
- This program isn’t just a flash in the pan—it’s fueled by protocol-generated revenue and will grow as more money flows in. Capitalism at its finest! 💼📈
- Let’s not forget the 41% crash on July 5th, courtesy of coordinated selling and shorting across major exchanges. Cue the dramatic music. 🎶📉
Behold, the SOON Token Redemption Program—a $200,000 liquidity pool designed to offer holders a predictable exit strategy. Like a lifeboat in a storm, it’s accessible via redemption.soo.network. The Foundation assures us that this pool is funded entirely by protocol-generated revenue, which means it’s not coming out of anyone’s pocket… yet. 😅
“The Redemption Program acts as a stabilizing buffer during periods of market volatility,” the SOON Foundation tweeted. Translation: “We’re trying to keep the ship from sinking while everyone else is throwing anchors overboard.” 🚢⚓
What caused this financial tempest?
Ah, the plot thickens! On July 5th, SOON’s price took a nosedive faster than a cat avoiding a bath, plummeting 41% from $0.22 to $0.13. On-chain sleuths uncovered a sinister scheme: 22 million tokens were withdrawn from Bitget and dumped across Bithumb, Upbit, and Gate.io. Meanwhile, large short positions appeared like mushrooms after rain, suggesting an orchestrated attack by someone with too much time and too many resources. 🍄💰
The SOON Foundation, ever the diplomat, denied involvement and even shared wallet addresses to prove it. They claim this was a deliberate assault by a professional trading institution—perhaps a rogue hedge fund looking for its next Netflix documentary. 🎥🧐
We want to make it absolutely clear that SOON Foundation is not involved in, nor did we have any incentive to participate in, the recent price dump of $SOON.
This incident occurred at a time when we are actively working to list $SOON on more centralized exchanges, improve spot…
— SOON Foundation (@SOON_FDN) July 10, 2025
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2025-07-31 12:37