Bounce Brand: The team is not involved in any form of AUCTION price manipulation
Bounce Brand posted on the X platform in response to the recent price fluctuations that the market has been concerned about: "To be clear, the team is not involved in any form of price manipulation. According to the team's monitoring, an unknown entity has obtained more than 20% of the total AUCTION supply through continuous accumulation in the past few weeks.
In order to maintain market stability, our team has taken active actions: on the one hand, we have proactively provided liquidity support on multiple exchanges, and on the other hand, we have voluntarily locked about 1.50 million AUCTION tokens from the project inventory and team allocation. "