Dior Coin Crypto has been a trending topic for the past few hours. It started when Dior was known to have suffered a loss of up to 90% in the crypto market. The news certainly surprised many parties. In fact, so far, the world-famous brand has been the ruler with a market capitalization of more than $ 280,000. So what really happened?
Chronology of Dior Coin Crypto Losses of Up to 90% Due to Hacked Accounts
Dior’s Instagram is an account that has millions of followers. Including many fashion fans and also crypto investors. However, on February 19, 2025, the account made a post that looked like an official advertisement.
In its post, the account offers information about a Solana-based meme token known as Dior Official Coin. The offer contains an invitation to join the investment through a link that leads to pump.fun. A site that has no official affiliation with Dior.
This is something very unusual. Considering that Dior has never made a similar offer before. Especially related to the world of cryptocurrency. Although it is not in accordance with Dior’s policies or character as a big brand, its advertisement quickly attracted the attention of many traders and investors.
After the post was launched, the price of Dior Coin experienced a sharp spike. Within 24 hours, the token price increased by 138%. Trading volume also soared to $1 million. Creating euphoria among investors who thought they would make big profits.
Drastic Decline and Its Impact
However, the euphoria did not last long. Immediately after the post was discovered to be the result of a hack, Dior’s Instagram was restored. Meanwhile, the fake advertisement post was deleted.
However, the damage had already occurred. After the advertisement was removed, the price of Dior Coin Crypto immediately experienced a very sharp decline of up to 90%. Many investors who were trapped by high prices now have to bear huge losses.
In fact, until now there are only around 876 traders who still hold Dior Coins. On the other hand, the liquidity of the token has decreased, only recording around $8,730.
Dior Coin’s market volume also plummeted, with a market capitalization value that previously reached $280,000. Now it has collapsed to only around $6,430. This loss adds to the long list of major losses in the cryptocurrency world caused by manipulation and fraud.
Lessons for Crypto Traders
The incident that befell Dior Coin Crypto provides many important lessons for crypto traders. The cryptocurrency world is indeed known for its volatility and high risk. However, the hacking attack that occurred shows how important it is to be vigilant and careful in investing. Here are some tips so you don’t get caught up in similar events in the future.
1. Verify the Authenticity of Information
One of the main lessons we can take from this incident is the importance of verifying the authenticity of the source of information. The official social media accounts of a brand or crypto project usually will not carelessly promote products or tokens that are not directly related to their products. If you receive information or investment offers that are unclear or too tempting, be sure to check the source of the information.
2. Be Careful with Suspicious Links
Suspicious links are one of the main ways hackers use to deceive traders. In the case of Dior Coin Crypto, the link to the pump.fun site was the entry point for hackers to lure traders without their knowledge. Make sure not to click on suspicious links, especially if they come from unknown sources.
3. Don’t Get Caught Up in Market Euphoria
Extremely rapid price spikes often indicate market manipulation or pump-and-dump schemes. Although large profits in a short time may seem tempting, traders should always remember that crypto investment is very risky. Don’t get caught up in unreasonable market euphoria. Always do thorough research before buying or selling a particular token.
4. Use a Trusted Platform
Make sure to only transact through an exchange platform or digital wallet that has proven credibility and security. Platforms with a good reputation have stronger protection systems against hacking and fraud threats.
5. Don’t Ignore Warnings
When there are warning signs, such as unreasonable prices or inconsistencies in information, don’t hesitate to do further checks. Many cases of hacking or fraud begin with suspicious signs. However, many traders ignore them because they are tempted by quick profits.
Overall, the losses from Dior Coin Crypto are a valuable lesson for the entire community. The cryptocurrency world does offer the potential for huge profits. But on the other hand, it also holds many risks that we must be aware of. Hopefully this condition can be a warning for traders to be smarter in investing in the future.
