Project's Price after got exploited

[StarKay]

I don't know how they'll recover from this but if the developers are saying the truth about the situation of things then you shouldn't lose hope. It will require the contribution of every holder of that coin for it to recover. I will also hope that the developers will learn from whatever led to the hacking such that it won't happen again.

[killerfrost]

Well, Poolz, a name familiar to people with the previous DeFi trend. But after the market plummeted last year I saw projects like this being purged by the users themselves.
And with this incident, I don't have too much speculation, but I believe the project will still receive support from the community for further development in the future.
And I also tried the risk when I just bought more POOLZ to see how my luck with this will be.

[raidarksword]

Well, Poolz, a name familiar to people with the previous DeFi trend. But after the market plummeted last year I saw projects like this being purged by the users themselves.
And with this incident, I don't have too much speculation, but I believe the project will still receive support from the community for further development in the future.
And I also tried the risk when I just bought more POOLZ to see how my luck with this will be.

Indeed Poolz did a great run towards the 2021 which is the time of DeFi trend though they are really down from their ATH but I have still hope that they will come back eventually when another bull market resumes again. They are back now on operation and conducting again an IDO for other projects and this is a great start for recovery for the project.

[Jody.Drummer]

I don't know how they'll recover from this but if the developers are saying the truth about the situation of things then you shouldn't lose hope. It will require the contribution of every holder of that coin for it to recover. I will also hope that the developers will learn from whatever led to the hacking such that it won't happen again.

Still, even though in this case there are several statements, it seems that it is only calming, not to return.
His condition is very difficult to return to the condition that has now deteriorated, even though there are indeed a few words to calm but that doesn't mean everything will return to how it was before. The hope is indeed like that by returning to normal, but of course something like this will not be easy and will even tend to be impossible if there are no supporting resources there.

[b3j0]

it is very difficult to return to the initial price because investor confidence must have diminished and this incident will surely be traumatic for most investors. even though the same amount of liquidity is added and the price returns to the initial price it is likely to maintain the price it is very difficult because most investors will sell to withdraw their funds from the project.

[Huppercase]

I have this token for two years now but it got me surprised today that it was exploited and got dumped to the ground by the hacker. The Poolz finance team announced that they will already taken action on the situation, halted the CEX trading, remove the remaining liquidity on DEX and flagged the hacker's address on explorer. Importantly they promised to fund the liquidity back of the exact amount  that the hacker stole. Now my question is, will the price will be back after they replenish the liquidity back on DEX and resume the CEX trading? The price was $4 before the exploit happen.

Hack announcement: https://twitter.com/Poolz__/status/1635900571512197120

The deed has been done, I have a doubt if this will recoer. I had this token bookmarked on my favourite tokens on wallet that I had in mind when to buy, It been a long time since I check their activity, never knew they have been exploited until I came across your thread, this is really bad for the holders especially those who have been holding it since when the price was $22. This kind of bad predicaments will discourage lots of people from investing in altcoins, because look at it this project, the trust and loyalty has been lost by the team and nobody will buy again.

[raidarksword]

I have this token for two years now but it got me surprised today that it was exploited and got dumped to the ground by the hacker. The Poolz finance team announced that they will already taken action on the situation, halted the CEX trading, remove the remaining liquidity on DEX and flagged the hacker's address on explorer. Importantly they promised to fund the liquidity back of the exact amount  that the hacker stole. Now my question is, will the price will be back after they replenish the liquidity back on DEX and resume the CEX trading? The price was $4 before the exploit happen.

Hack announcement: https://twitter.com/Poolz__/status/1635900571512197120

The deed has been done, I have a doubt if this will recoer. I had this token bookmarked on my favourite tokens on wallet that I had in mind when to buy, It been a long time since I check their activity, never knew they have been exploited until I came across your thread, this is really bad for the holders especially those who have been holding it since when the price was $22. This kind of bad predicaments will discourage lots of people from investing in altcoins, because look at it this project, the trust and loyalty has been lost by the team and nobody will buy again.

Yes they fall down hard after the bull market ended, despite that they are still doing great with the IDOs for new start up projects. Though the exploit was made a great scare to all supporters and investors but i am still hopeful that it will come back not instant recovery but gradually will be okay.