According to BlockBeats, on September 10, in response to the community’s concerns about the NX token’s plunge after its launch, Jupiter co-founder meow commented, “The pre-sale mechanism needs to be fixed. The current standard is very bad at aligning interests.”
Community feedback revealed that two investors purchased a large number of NX tokens in the pre-sale and sold their shares shortly after the issuance, causing NX to plummet after it went online.
