The KOGE team issued a risk warning yesterday, and the current token price has been "halved."

BlockBeats reported on June 15 that the KOGE team, 48 Club, published a post yesterday stating, "KOGE has been fully unlocked since day one, with no lock-up period. Additionally, 48Club has never made any commitment of any kind to not sell treasury holdings. Just like Binance has never claimed it would not sell BNB. Please DYOR (Do Your Own Research) and proceed at your own risk."

As of the time of publication, KOGE had plummeted over 63% within the past 20 minutes, although it has slightly rebounded to $28.91. Its market capitalization is currently reported at $97.55 million.