Necessary factors
- The PORT3 token misplaced greater than 80% of its worth in simply over an hour.
- This crash was brought on by the fraudulent minting and speedy sale of 1 billion PORT3 tokens.
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PORT3, native token of Port3 Community. A challenge to construct a decentralized AI knowledge layer that aggregates and standardizes blockchain knowledge for AI-driven functions. dApps And the pockets crashed by greater than 80% right now, with its market cap disappearing from about $18.5 million to $3.5 million in simply over an hour. According to CoinGecko.
This plunge occurred following studies that an attacker had minted 1 billion PORT3 tokens and began offloading them throughout liquidity. pool, overwhelming The market thickens and the token collapse accelerates.
The Port3 crew confirmed the exploit and introduced that they’ve extracted liquidity on X. Precautions and prompts Customers mustn’t commerce tokens throughout the investigation. In addition they stated they’re prepared to speak with the hackers and can present additional updates.
We’re conscious of current value actions. Already working behind the scenes. Thanks on your understanding. Will replace quickly
— Port3 Community (@Port3Network) November 22, 2025
Port3 Community raised $3 million in a seed spherical led by KuCoin Ventures in early 2023. We then secured funding and partnerships from DWF Labs and Bounce Crypto.
