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October 11, 2025, is destined to be an unforgettable day for Digital Money investors. On this day, the crypto assets market suffered a blow comparable to the "519" incident, with a total liquidation amount reaching $13.1 billion, marking one of the most devastating disasters in the crypto world in recent years.
This crash not only caused huge economic losses but also triggered profound reflections on the market ecosystem. Many investors were previously influenced by the optimistic predictions of some online opinion leaders, betting too early on various altcoins and ended up suffering painful lessons.
In this market turmoil, even well-known crypto assets like Dogecoin have not been spared. This event once again proves the high-risk nature and unpredictability of the crypto world, and any investment decision requires careful consideration.
This incident also highlights the importance of information discernment. In an online environment filled with various opinions, investors need to maintain independent thinking rather than blindly following others' advice.
This disastrous market adjustment will undoubtedly become an important milestone in the development of Crypto Assets, potentially prompting the entire industry to make improvements in regulation, risk management, and other areas. For investors, this is a painful yet necessary learning experience, reminding us to remain rational and vigilant when making any investment.