MAPO fluctuated 40.7% in 24 hours: Aftereffects of bridge exploit continue to trigger severe price volatility

Brief Volatility Overview

MAPO experienced significant price fluctuations over the past 24 hours, with the current price at $0.001217, a 24-hour high of $0.001526, and a low of $0.001085, resulting in an amplitude of 40.7%. Trading volume remained in the multi-million dollar range (most platforms show between $1 million and $4 million), suggesting high market participation, though liquidity is still affected by recent events.

Brief Analysis of Causes for Abnormal Fluctuation

- The main driver remains the continued impact of the May 21 Butter Network cross-chain bridge vulnerability: attackers exploited a loophole to mint around 1 trillion MAPO tokens, then sold about 1 billion tokens in exchange for roughly 52 ETH and deposited these into Tornado Cash, causing the price to previously crash. Since then, the market has continued to absorb selling pressure and uncertainty, resulting in large 24-hour fluctuations recently.

- The project team has suspended BSC/ERC20 and mainnet token swap services, requested exchanges to freeze deposits and withdrawals, and warned users not to trade affected tokens on DEXs. While these measures stabilized some liquidity, they intensified short-term price uncertainty.

- No other independent new announcements or verified on-chain whale transfers have been identified as direct triggers in the past 24 hours, with volatility mainly stemming from ongoing market reaction post-exploit.

Market Opinions and Outlook

The mainstream sentiment among the community and analysts is cautious and bearish, with general concerns centered on the potential selling pressure from a still large volume of unsold tokens and the progress of the project team’s efforts to restore swap services and re-establish token legitimacy. Some opinions indicate short-term further downside risks and advise vigilance; others expect possible rebounds following future migration or compensation plans by the team, but overall emphasize risk management and avoiding trading contaminated tokens.

(The above analysis is based on public market reports and price data; all conclusions are supported by verifiable sources and contain no subjective speculation.)