While ranked 914th on CoinMarketCap, Tradoor’s [TRADOOR] recent appearance as among the market’s top trending tokens caught everyone’s eye. However, this surge in attention was fueled by a controversy and not its market performance.
The token’s 24-hour price chart revealed that TRADOOR declined by 38.32% and was trading at $0.7973. Additionally, the weekly price chart highlighted a drop of over 88%.
Needless to say, such a massive price drop has once again brought concerns of market manipulation into the limelight.
Providing further insights on the matter, on-chain investigator Specter took to X and noted,
Another bundled and manipulated token just dumped 90%.
The investigator also underlined that the altcoin had surged by 900% since March 2026. However, on 24 April, TRADOOR fell by 90% in just 30 minutes.
Is Tradoor’s team behind this price manipulation?
TRADOOR was launched in September 2025, with only 60 million tokens.
In this, about 86% of the supply was kept by the team, creating an artificial scarcity. The main wallet of the team controlled 70.12% of the supply, Bitget controlled 11.15%, and Binance Alpha controlled 5.16%.
Remarking on the same, Specter added,
It’s reasonable to conclude that the 11% held by Bitget was controlled by the Tradoor team or by an entity Tradoor was fully aware of.
According to the analyst, the combination of these factors resulted in a classic rug pull scenario, one in which a scarcity of circulating supply caused price hikes to occur with minimal capital.
What’s behind the 900% price surge?
That might explain the 900% price surge, with the same allegedly fueled by “wash trading.” In such cases, wallets buy and sell to themselves to create a fake scenario of massive demand and volume.
The investigator added,
Between September 19–21, several of the above wallets redistributed tokens to additional addresses and were used to perform wash trading.
Additionally, to avoid buyer resistance from large whales, TRADOOR’s team listed many tokens on Bitget and Binance Alpha. At the same time, Tradoor’s team also controlled maximum tokens.
The liquidation chart for TRADOOR seemed to confirm this trend as the recent price drop, coupled with long liquidations, hinted at a lack of buy-side liquidity.
Is it a growing trend across the market?
TRADOOR is not the only token to go through an episode like this. Just recently, ZachXBT had accused RaveDAO [RAVE] of blatant price manipulation. This, after the token entered the top 15, before falling by 95% in hours.
The pseudonymous blockchain investigator also scrutinized MemeCore similarly.
With CEXs still searching for the culprit, it remains to be seen how many more tokens will fall into this pit of price manipulation.
Final Summary
- Altcoin recorded a weekly decline of over 88% after hiking by over 9 times since March.
- TRADOOR, following its bouts of volatility, is now being increasingly scrutinized by blockchain investigators.
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