This is not the first time altcoins were severely manipulated in its early days.
Look at Chainlink in 2020.
Its price capitulated to $0 in a flash crash on an exchange, similar to recent low liquidity liquidation cascades. Of course, we know what happened next…
Video timestamp: https://youtu.be/1aFzW89dZM0?si=Z2SqNrLbACvWqrOG&t=1060
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