SUPRA (SUPRA)

I just stumbled upon #SUPRA again. 😄

Since my last post in February, not much has actually changed. Supra is still at its bearish target levels and is currently moving into new all‑time‑low (ATL) zones.

What can I imagine? 🤔

If Supra does not fundamentally fail (go bankrupt), holds these key levels and survives the bear market, a technically interesting recovery move could develop.

The market will show whether long‑term strength can be rebuilt here.

So let's stay tuned. 👀

And no: Since entering the red box I haven't bought any more SUPRA. The chance‑risk ratio should always be kept in mind and weighed personally.

Of course this is not financial advice, do your own research ^^

Another reason why I don't invest in cryptocurrencies the traditional way

$SUPRA, a project I liked a lot, has suffered a hack and now only has 1 million TVL.

If you got stuck in any project, hybrid trading solves this.

🚨 Hack targeting Supra, stealing 293.7 million SUPRA tokens.

Solido disclosed that the Supra system suffered a security breach that resulted in the theft of 293.7 million SUPRA tokens, valued at roughly $900,000.

According to the report, about 220 million SUPRA tokens were transferred to an address suspected to belong to the Gate platform, and estimates indicate that nearly 90% of the stolen tokens were owned by the Supra Foundation.

Data also shows that the total value locked (TVL) on the network is currently only about $950,000, while the SUPRA token has declined by approximately 94% over the past year.

This incident highlights the ongoing security risks facing some crypto projects, especially as liquidity and locked value decline, which may amplify the impact of any breach on the project and investor confidence.