{"id":20354,"date":"2023-07-28T20:24:22","date_gmt":"2023-07-28T20:24:22","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/pond0x-token-launch-snafu-leads-to-millions-of-dollars-in-losses\/"},"modified":"2023-07-28T20:24:24","modified_gmt":"2023-07-28T20:24:24","slug":"pond0x-token-launch-snafu-leads-to-millions-of-dollars-in-losses","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/pond0x-token-launch-snafu-leads-to-millions-of-dollars-in-losses\/","title":{"rendered":"Pond0X token launch snafu leads to millions of dollars in losses"},"content":{"rendered":"
The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes.<\/p>\n