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$GAIB The contract launch plan has fallen through, and looking at the current situation, it's quite difficult to try to make a comeback.
Look at this decline—it has directly breached the institutional valuation line. The total market value has shrunk from a peak of 300 million USD to only 50 million now. Those VCs who entered at a financing price of 0.1 are now facing a paper loss of 47%, I wonder how they feel about it.
On the 18th, when the announcement regarding fund transparency and redemption details was released, market sentiment completely collapsed. The data is right there, and the liquidity exhaustion is evident.
To be honest, even if they get endorsements from top institutions and the financing looks great, if the project team continues to engage in these deceptive operations, there is basically no future to speak of.
VCs losing 47% really cracks me up. Why weren't they this cautious during the fundraising roadshow?
As soon as liquidity dries up, the true colors show, and the so-called transparency announcements are just a slap in the face. This pattern is classic.
What does a failed contract launch say? Even the project team doesn't have the confidence to push it further.
Three hundred million down to fifty million—how badly do you have to mess up for that to happen?
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Contract gone + Liquidity dried up, this combination hit hard, truly the king of unfinished projects.
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Top endorsements can't save it, with such poor project transparency, still wanting to call people to get on board, what are they thinking?
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From 300 million to 50 million, this speed... I can feel the goosebumps rising.
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The announcement on the 18th directly sent market sentiment away, looking at this market afterwards is all landmines.
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Let's wait and see how far it can fall, anyway, going in now is just being a dumb buyer.
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Institutional valuation lines have all been breached, what does that indicate? This thing is not as valuable as imagined.
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What's the use of beautiful financing, with the project party operating so confusingly, more endorsements are useless.
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Contract has collapsed and liquidity has dried up, to put it simply, it means no one believes in it anymore.
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As soon as that announcement came out on the 18th, I knew it was over, transparency can't be faked.
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No amount of endorsements can save this project, confusing operations are the real killer.
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From 300 million to 50 million, now that's a ruthless drop.
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Want to charge back in? I advise you to think it through, this pit is dug deep enough.
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Institutions have been slapped in the face, do retail investors still dare to step in? That takes real courage.