Key Takeaways What caused Astra Nova to crash 65%? 18 wallets linked to hackers dumped 890 million RVV tokens worth $10.66 million following the Binance
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18 wallets dump Astra Nova – Are hackers behind RVVs 65% crash?
18 wallets linked to hackers dumped 890 million RVV tokens worth $10.66 million following the Binance Alpha listing.
Recovery depends on security fixes and the teams token buyback program.
Astra Nova [RVV] surged to a new all-time high of $0.03 after its listing on Binance Alpha, before recording a sharp drop.
18 Astra Nova wallets dump 890 million RVV
Source: Lookonchain
A malicious attackTeam launches buyback programHow did the event effect RVV?
Significantly, after these events, investors panicked and started exiting the market, resulting in a price crash.
Source: CoinGlass
Source: CoinGlass
Can RVV recover?
The prevailing market conditions pose a risk for more losses on RVV price charts. If the current trend persists, RVV will breach $0.01 and drop to $0.0093.
However, if the security threat is effectively addressed and the buyback program boosts demand, RVV could recover and target $0.012.
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