Yooldo Games says it is investigating ESPORTS token crash

Yooldo Games, the operator of ESPORTS, announced via its official X account that it is aware of the recent sharp decline in the token's price. The company stated it is actively investigating the cause and details of the drop and will release its findings upon completion of the inquiry. According to CoinMarketCap, ESPORTS is trading at $0.05639, down 92.2% over the past 24 hours. The price collapse was preceded by a deposit of $13.9 million worth of ESPORTS to Kraken from an address associated with the token's deployer.