Baby Shark token plunges 90%… Pinkfong "Not an official collaboration"

Source
JH Kim

Summary

  • Reported that the Baby Shark token price fell by more than 90%.
  • Pinkfong said the token was never officially issued.
  • Pinkfong emphasized that the only officially authorized projects are the Baby Shark Meme on the Solana (SOL) network and the Baby Shark Universe on the BNB Chain.

On the 26th (local time), according to crypto-specialist media CoinDesk, the price of the Baby Shark token issued based on the Story Protocol fell by 90% or more. This followed the confirmation that the token was unrelated to Pinkfong.

Pinkfong said, "The Story-based Baby Shark token was never officially issued," and emphasized, "Only the Baby Shark Meme on the Solana (SOL) network and the Baby Shark Universe on the BNB Chain are officially authorized projects."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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