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IRYS Token Rebounds After Early Setback From Counterfeit Contracts
Summary by CoinTrust
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IRYS Token Rebounds After Early Setback From Counterfeit Contracts
The layer-1 blockchain Irys, which features the native token IRYS, made its debut on major cryptocurrency exchanges with an initial downturn tied to the emergence of counterfeit contracts. Despite the early volatility, the token has begun showing signs of recovery, suggesting that market confidence may gradually return. Shortly after IRYS began trading on KuCoin, the Irys team alerted users to the appearance of fraudulent contracts that were imi…
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