Latest Update
8/12/2026 9:03:00 AM

Harmony: ONE Token Drops 30% on Unauthorized Mint

Harmony: ONE Token Drops 30% on Unauthorized Mint

Harmony ONE token falls over 30% after 4 billion unauthorized mint, with team pausing Horizon Bridge amid crypto exploit fallout.

Source

Analysis

Harmony’s ONE token plunged more than 30% after an alleged unauthorized mint of 4 billion tokens, with the team patching the exploit, pausing the Horizon Bridge and asking exchanges to freeze suspect funds.

Over the past six months ONE has faced repeated security scrutiny that now feeds into broader ONE price prediction models and crypto market crash narratives. With price at $0.0 testing lower Bollinger support while RSI(14) at 9.56 flashes deep oversold and MACD registers a bearish death cross, the EMA50 at $0.0 forms immediate resistance that any relief rally must clear before further downside pressure resumes.


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