So, Bitget just had a bit of a “hold my beer” moment on April 20th when their VOXELUSDT perpetual futures decided to go on a caffeine binge. Think price spikes so ridiculous they made Bitcoin’s 24-hour volume look like a lazy Sunday stroll.
VOXEL’s Midlife Crisis
Turns out some accounts got a bit too… enthusiastic. Bitget slapped on the brakes, suspended those hyperactive accounts, and rolled back trades like a disappointed parent rewinding a terrible TikTok stunt. Luckily, your funds are still safe — because losing money during a rollercoaster is already traumatizing enough.
VOXEL, the underdog token from that Polygon game Voxie Tactics (ranked a charmingly humble #787), shot up over 300% in a week. Nothing suspicious there, just your average “rocket to the moon” vibes fueled by caffeine and chaos.
On Twitter and other crypto mess halls, one legend claims turning less than $100 into a six-figure jackpot thanks to this madness. Their secret? Allegedly a glitch in Bitget’s market-making system — or maybe just pure luck and some cosmic trolling. Bitget, however, is keeping mum on whether any tech gremlins were involved.
To clean up the mess, Bitget declared they’ll roll back all the dodgy VOXEL trades in under 24 hours and compensate anyone who got burned. Plus, they promise to patch up their systems better so this doesn’t become the new normal.
Déjà Vu: The Hyperliquid-JELLY Drama Comes Back to Haunt
Crypto drama aficionados will recall the Hyperliquid-JELLY fiasco from March 2025 — another meme coin meltdown that caused chaos and tears. Hyperliquid’s reaction? Rip the token’s contracts off the market. Cue enraged tweets and a trust crisis.
At the time, Bitget’s CEO Gracy Chen threw shade at Hyperliquid’s heavy-handed move, warning about trust getting shredded like yesterday’s memes. Fast forward, and now Bitget’s doing something eerily similar with their rollback and compensation plan. The crypto soap opera never ends, folks.
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2025-04-22 00:57