Nxra shooting up 20.8% today caught my eye, especially after all the drama it went through a while back. just a couple of months ago, nexera got hit hard by a hack that yanked $1.5 million worth of nxra tokens. that crash caused a massive price drop over 40%—a total faceplant, if you ask me.

what happened was pretty wild. some sneaky hacker exploited a vulnerability in the smart contract, switched the tokens up for eth, and even moved some cash to bnb. in response, nexera burned a huge chunk of those stolen tokens—32.5 million to be exact—to control the damage. they also froze all trading, which probably chilled the chaos a bit.

seems like the team’s actions worked. they managed to clear up the mess and got things moving again by lifting the suspension on the nxra token contract. i guess that burn and the pause gave people enough confidence to jump back in, leading to today's hefty bounce.

honestly, i've just started dabbling in crypto, and i missed the dip. regretting not jumping in earlier when it was down, but i guess that’s the game we play. 🫠