EL7.AI
CryptoHigh ImpactUpdated•Originally published 4 March 2026•Updated 4 March 2026•
1 min read

Power Protocol (POWER) Crash Suspected as Rug Pull After Insider Token Dump

Key Facts

1The POWER token value dropped by over 90% within a 24-hour period.
2The crash erased all gains the token had accumulated during February 2026.

The Power Protocol (POWER) token's 90% price collapse is now suspected to be a 'rug pull' following suspicious insider activity. Reports indicate that an internal wallet linked to the protocol transferred 30 million tokens to various exchanges, triggering a massive sell-off that erased all gains from February 2026. This sudden move has caused a total breakdown in investor confidence and a severe liquidity crisis within the ecosystem. Market analysts suggest that this insider dump points to a deliberate exit strategy, leaving retail holders with near-total losses. The protocol's credibility has been severely compromised as the scale of the decline suggests fraudulent intent. Investors are urged to exercise maximum caution as the project faces mounting allegations of a coordinated exit scam.