Matic Dump Leads To Questions Over IEO Crypto Legitimacy

The crypto community is reeling after Matic dumped 70% of its USD value in an hour. And as a Binance Launchpad project, the circumstances around the event have left many wondering whether IEOs are any different to ICOs.Matic Crashes Back Down To Earth
Only yesterday, Matic was riding high off the back of strong price performance. This saw an astonishing 220% gain since the tail end of November.
And, when tied in with a solid use case, Ethereum off-chain scaling solution utilizing the Plasma fram