48ClubIan, the owner of the KOGE project, has publicly denied any involvement in the recent crash of the KOGE token. In a statement on the X platform, he clarified that neither he nor the 48Club Treasury has dumped KOGE tokens. Additionally, he stated that 48Club has no business dealings with the ZKJ project and does not hold any ZKJ tokens. 48ClubIan also mentioned that colleagues from Binance Research and Binance Web3 consulted him regarding the price drop, to which he provided the same explanation. He emphasized that 48Club has never offered a low-fee pool that restricts large transactions, dismissing such technical possibilities. Furthermore, he announced that 48Club will host a second KOGE trading competition starting June 16, lasting for one week.