P◎lemic Brain

Why $SPC Crashed 93% Despite Massive Hype, CEX Listings and $20M Raised Token: SPACE $spc @intodotspace Main public sale: Started December 17, 2025 Total raised:$14M-$20M Vesting: Promised 100% unlocked at TGE for public buyers. about 4.5 months later, the token went live yesterday They hyped about verified listings from Kraken, KuCoin, MEXC, Bitpanda and BitMart The token hit a quick ATH around $0.081, then crashed -92.66% in 24h. It looks like the hype didn't convert, if you Look at the actual replies to their launch post It got about 641k impressions but it was full of angry presale and public sale investors, tons of people were saying they sent money but couldn't claim tokens at launch. There were accusations of rug and deleted TG comments. When your own community is screaming about a botched token generation event while the token is live and dumping, the FOMO evaporates instantly. It is true that impressions on X brings eyeballs and also paid KOLs and announcement hype can drive initial volume, but once investors can not claim their tokens, it turns into a dump because of lack of trust. Why $SPC token dumped hard at launch >>Claim mechanics completely broken at launch and presale buyers couldn’t claim their tokens right when trading went live. >>Massive supply unlock and low initial liquidity ( the team added $693.3K to the lp ( 42M SPC and 5,862 WSOL) as seen on solscan #activities" target="_blank" rel="nofollow noopener">solscan.io/account/5k9gSo… >>Sell pressure overwhelmed any buy-side >>The listing announcement on X got huge impressions, but replies was filled with rage, rug accusations and proof of claim failures. >>Deleted TG comments and poor communication made it worse Many are calling it one of the fastest TGE disasters of 2026. Classic lesson: Impressions and paid hype bring attention but broken claims and zero trust bring dumps. DYOR and be careful with these high-raise, full unlock launches. Note: to check token and liquidity distribution: #transfers" target="_blank" rel="nofollow noopener">solscan.io/account/FyFMPj…

Can’t wait for @zachxbt to look into the bad actors and come out with a thread on everyone involved in this rug. will be waiting patiently with popcorn.

Now live: $SPC Leveraged prediction markets come to Solana with @intodotspace. Take YES or NO positions on outcomes in crypto, politics, sports, tech, and culture with up to 10x leverage. Start trading today → app.kraken.com/JDNW/SPC

Space 项目涉嫌诈骗，案件已在 泰国 立案 在链上监控过程中，我们已观察到涉案资金流入多个交易所入金地址，并第一时间触发风险预警 由于时差原因，泰国执法机构暂未能及时向交易所发出正式冻结指令 基于 Space 项目存在明显欺诈行为，包括但不限于： 对投资者实施欺诈 上线后迅速撤出流动性 为防止涉案资金进一步扩散，我们已向以下交易所提交临时紧急冻结申请： 涉案地址： MEXC 5PAhQiYdLBd6SVdjzBQDxUAEFyDdF5ExNPQfcscnPRj5 KuCoin BmFdpraQhkiDQE6SnfG5omcA1VwzqfXrwtNYBwWTymy6 HTX BY4StcU9Y2BpgH8quZzorg31EGE4L1rjomN8FNsCBEcx Binance Hov2mpkQjqp5KTepRc2bi7kc9TA8CmEx5mJWS889AeS3 Kraken EfqWbZtfTfdRRfCyk59xsvUxyJxjjgk8ynfsQSiqL5j5 我们呼吁各交易所风控与合规团队同仁： 在正式执法文书到达前，优先对上述地址相关账户采取风险标记、限制提现及资金保全措施，以避免涉案资金进一步流失 The Space project is suspected of fraud, and a related case has been officially filed in Thailand. During our on-chain monitoring, we have observed that the illicit funds have been transferred into multiple exchange deposit addresses, triggering immediate risk alerts. Due to time zone differences, Thai law enforcement authorities have not yet been able to issue formal freeze requests to the exchanges in a timely manner. Based on the clear fraudulent activities associated with the Space project, including but not limited to: Fraudulent conduct toward investors Immediate withdrawal of liquidity following listing (rug pull) To prevent further dissipation of the funds, we have submitted temporary emergency freeze requests to the following exchanges: Involved Addresses: MEXC 5PAhQiYdLBd6SVdjzBQDxUAEFyDdF5ExNPQfcscnPRj5 KuCoin BmFdpraQhkiDQE6SnfG5omcA1VwzqfXrwtNYBwWTymy6 HTX BY4StcU9Y2BpgH8quZzorg31EGE4L1rjomN8FNsCBEcx Binance Hov2mpkQjqp5KTepRc2bi7kc9TA8CmEx5mJWS889AeS3 Kraken EfqWbZtfTfdRRfCyk59xsvUxyJxjjgk8ynfsQSiqL5j5 We respectfully call on the risk control and compliance teams of the above exchanges: Prior to the receipt of formal legal documentation, please consider taking precautionary measures on accounts associated with the above addresses, including risk flagging, withdrawal restrictions, and fund preservation, to prevent further dissipation of the involved assets @binance @MEXC @kucoincom @HTXFutures @krakenfx

Space 项目涉嫌诈骗，案件已在 泰国 立案 在链上监控过程中，我们已观察到涉案资金流入多个交易所入金地址，并第一时间触发风险预警 由于时差原因，泰国执法机构暂未能及时向交易所发出正式冻结指令 基于 Space 项目存在明显欺诈行为，包括但不限于： 对投资者实施欺诈 上线后迅速撤出流动性 为防止涉案资金进一步扩散，我们已向以下交易所提交临时紧急冻结申请： 涉案地址： MEXC 5PAhQiYdLBd6SVdjzBQDxUAEFyDdF5ExNPQfcscnPRj5 KuCoin BmFdpraQhkiDQE6SnfG5omcA1VwzqfXrwtNYBwWTymy6 HTX BY4StcU9Y2BpgH8quZzorg31EGE4L1rjomN8FNsCBEcx Binance Hov2mpkQjqp5KTepRc2bi7kc9TA8CmEx5mJWS889AeS3 Kraken EfqWbZtfTfdRRfCyk59xsvUxyJxjjgk8ynfsQSiqL5j5 我们呼吁各交易所风控与合规团队同仁： 在正式执法文书到达前，优先对上述地址相关账户采取风险标记、限制提现及资金保全措施，以避免涉案资金进一步流失 The Space project is suspected of fraud, and a related case has been officially filed in Thailand. During our on-chain monitoring, we have observed that the illicit funds have been transferred into multiple exchange deposit addresses, triggering immediate risk alerts. Due to time zone differences, Thai law enforcement authorities have not yet been able to issue formal freeze requests to the exchanges in a timely manner. Based on the clear fraudulent activities associated with the Space project, including but not limited to: Fraudulent conduct toward investors Immediate withdrawal of liquidity following listing (rug pull) To prevent further dissipation of the funds, we have submitted temporary emergency freeze requests to the following exchanges: Involved Addresses: MEXC 5PAhQiYdLBd6SVdjzBQDxUAEFyDdF5ExNPQfcscnPRj5 KuCoin BmFdpraQhkiDQE6SnfG5omcA1VwzqfXrwtNYBwWTymy6 HTX BY4StcU9Y2BpgH8quZzorg31EGE4L1rjomN8FNsCBEcx Binance Hov2mpkQjqp5KTepRc2bi7kc9TA8CmEx5mJWS889AeS3 Kraken EfqWbZtfTfdRRfCyk59xsvUxyJxjjgk8ynfsQSiqL5j5 We respectfully call on the risk control and compliance teams of the above exchanges: Prior to the receipt of formal legal documentation, please consider taking precautionary measures on accounts associated with the above addresses, including risk flagging, withdrawal restrictions, and fund preservation, to prevent further dissipation of the involved assets @binance @MEXC @kucoincom @HTXFutures @krakenfx

beautifully executed slow rug by @intodotspace $SPC team: - aesthetically pleasing branding and marketing - extraction in the name of prediction markets - jackshit product with botted metrics - ran a month long sale to attract as much capital as possible - were supposed to raise $2.5M but kept $15M insead - dogshit KOLs promoting all over - token down 90% already from public sale price (0.069)

that's why every single nigga left this industry because even a "tier1" cex is listing scam nowadays. the sol pool is $702 funny that @Trader_XO shilled the presale, although he's always praising to be a good "muslim" while being involved in fraud irl friend of mine who follows that dude, got rinsed (obv his mistake, yet i think kol is somewhat responsible) ggwp glhf

$SPC is live: 2MU93nLHhDsHzgEYBKbVbwLDd2pi71ubGp8SkEv9dZwQ Now trading on: @krakenfx @kucoincom @MEXC @Bitpanda_global @BitMartExchange