we saw Alts dropping 80% on perps, Do you think this was a manipulation or not?
Hard reset like covid 2020 was seen again and by our analysts this was intentional and well prepared.
The catalyst wasn't something new but it had to happen in order to capitulate the jeets traders.
The road for 250k is clean now.
users can withdraw their $Vite from MEXC now to their private wallets.
mexc.com/support/articles/17…
we offered help to our friends over the @SuiNetwork to recover their stolen funds.
#CryptoUnited
Viters this one is for you
VITE Token Swap to JEETS on Solana $SOL #Solana #Vite #VX #MEXC #VDAO $Jeets
Dear Community,
We would like to inform you of an important update regarding the VITE token and its future.
🔁 Token Swap Overview
The VITE project will undergo a token migration due to ongoing technical and security concerns affecting the native chain.
The new token, $JEETS, will be launched on the Solana blockchain, chosen for its stability, active developer ecosystem, and high performance.
Swap ratio: 100 VITE = 1 JEETS (equivalent to a 1:0.01 reverse split).
Ticker change: $VITE ➜ $JEETS
📉 Reason for Migration
Network instability: Ongoing performance and reliability issues on the Vite native chain, including node and explorer disruptions.
Security concerns: Increasing technical vulnerabilities and degraded trust in core infrastructure.
Ecosystem viability: Solana offers a stronger foundation for scalability, community engagement, and exchange support.
🏦 Exchange Status
VITE is currently in discussion with MEXC to coordinate the swap process.
Deposits and withdrawals are already suspended on MEXC following recent technical incidents.
Trading will be suspended in due course. The exact date and time will be announced separately.
📌 Next Steps
Snapshot and distribution details will be shared in a separate post.
Users are advised to withdraw any remaining VITE from unsupported platforms as soon as possible, where applicable.
Further announcements will outline how to claim JEETS tokens and relevant deadlines.
We appreciate your continued support as we move toward a stronger and more sustainable future for the project.
— Vite Labs
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