This morning, the newly launched crypto asset BSD on the Base Blockchain network triggered significant fluctuations in the market. This new type of token made its debut on the trading platform at 4 AM, immediately attracting the attention of a large number of investors.

As the market generally believes that BSD may be a Token adopting a cold start strategy, investment enthusiasm has rapidly surged. In just a few hours, the market capitalization of BSD skyrocketed to an astonishing over 50 million USD, demonstrating remarkable growth momentum.

However, this prosperous scene did not last long. Within a few hours after its launch, the BSD project's development team suddenly took an unexpected action - a large-scale withdrawal of liquidity. This move immediately triggered panic in the market, causing the price of BSD to plummet.

As of the latest report, the market value of BSD has plummeted to just $260,000, a decline of over 99% compared to its previous high. This dramatic price fluctuation once again highlights the extreme volatility of the crypto assets market, while also raising questions about the project team's manipulation of the market.

This event will undoubtedly attract the attention of regulatory agencies and may prompt them to strengthen their scrutiny of emerging Token projects. For investors, this experience is undoubtedly a stern warning, reminding them to remain highly vigilant and fully aware of the potential risks when participating in new Token investments.