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[ZachXBT Accuses edgeX of Internal Token Supply Manipulation] According to Cointelegraph, on-chain investigator ZachXBT has accused insiders at the decentralized exchange edgeX of controlling nearly the entire token supply, resulting in extremely low circulation. Affected by this, the EDGE token plummeted 40%-70% in a single day, with its price dropping from $1.20 to $0.3663. The edgeX team attributed the crash to 'external parties,' but ZachXBT pointed out that its circulating supply is 350 million tokens, with a total supply of 1 billion tokens. Currently, the project's TVL stands at $137 million, and the dispute between the two parties remains ongoing.

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