Model Token Plunge on Mexc Exchange
I've noticed that the Model token on the Mexc exchange keeps plummeting. Despite multiple attempts to contact the exchange, they haven't delisted the token. Sometimes, I even suspect they're behind these token launches themselves. Why don't they issue warnings and remove a coin that has lost value by thousands of times? Everyone is losing their entire investments. Listing a coin without proper research, in my opinion, implicates them in this situation. I'm going to report Mexc Turkey to the authorities regarding this coin and similar situations. I'll take necessary actions for their failure to take precautions and causing harm to everyone.
Dear MEXC User, First and foremost, we wish you a happy day. MEXC is primarily an exchange that focuses on new listings. In this context, token prices can rise, but they can also fall depending on users' trading preferences. Projects listed in the Innovation Zone may experience significant price fluctuations, so please be aware of the risks. Start-up blockchain projects may face significant risks in project execution, the underlying technologies used, or the legal and regulatory environments. Investing in such projects requires advanced technical and financial knowledge to understand the risks associated with blockchain start-ups. We recommend conducting thorough due diligence and evaluation or seeking support from professional advisors before making any investment decisions. The prices of blockchain projects and crypto assets can exhibit high volatility and significant fluctuations depending on various factors. Investing in such projects can lead to substantial investment losses. Additionally, due to the underlying technologies of blockchain projects or cyber‑attacks, there is a possibility that you may not be able to withdraw some or all of your crypto assets related to blockchain projects. Before investing in this project, please carefully evaluate the potential risks and clearly determine your risk tolerance. MEXC cannot be held responsible for any investment losses you incur and does not compensate for your losses. You can contact MEXC official staff, thank you very much. MEXC Turkey Official ŞikayetVar Team
Hello, I am aware of the risks in crypto, but you can monitor and prevent the sale of a token that is constantly falling and never rising. Such coins continuously cause losses for investors. If you delist the ones that are always falling, at least new investors won't be affected. This token is constantly being sold and if the graph is examined without any warning, it can be realized that fraud is being committed, and it can be blocked to prevent damage. By continuing to list such tokens on the platform, you are leaving many people victimized. So, should we also release a token and continuously sell it, and you give the same response to everyone? Is this the right approach according to you? I'm curious about that.
