Base ecosystem project Henlo Kart discovered a loophole in the HENLO contract, causing tokens to fall by more than 96% in 24 hours.
Henlo Kart, the Base ecosystem game project, said: "A snapshot has been taken of all HENLO holders and LP positions. A vulnerability has been discovered in the HENLO contract. The team is looking for a solution. Henlo has withdrawn LPs for all team tokens. All liquidity removed from current LP positions will be redeposited into new LP positions."
Henlo Kart token HENLO has fallen more than 96% in the past 24 hours, and its market capitalization is temporarily listed at $106,000. HENLO's market capitalization reached $92 million on January 14.