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19 February 2020

Team Behind Foin Token Scheme Explains Catastrophic Price Drop

Team Behind Foin Token Scheme Explains Catastrophic Price Drop


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Team Behind Foin Token Scheme Explains Catastrophic Price Drop.

The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.

30, 2019 that we had found a trail of suspicious movements in Foin’s (FOIN) price history, as well as a web of suspect business relationships associated with the coin’s development.

10, Foin made its first official announcement of the year, explaining why the price dropped.

It remains unclear which of the aforementioned parties associated with the project authored the explanatory announcement.

Since that announcement, Foin price surged even higher to around $3,640 on Dec.

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cointelegraph.com
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