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Opened a small $GPS position at the 0.0063 level (personal record only, not financial advice).
Here’s why I’m paying attention to this token:
First, it’s considered a leading project in the on-chain security sector, with solid technical accumulation. Also, the price has been hit pretty hard by FUD recently, basically dropping to a relative bottom, so there’s not much room left to fall.
What I value more is that the team is still seriously building and continuously updating and iterating the product, unlike some projects that just make empty promises. I’ve also heard that their cash flow is relatively stable, at least enough to cover team expenses, which is really not easy in a bear market.
Possible upcoming catalysts: one is the expectation of getting out of the “observation zone” of a certain exchange, and another is rumors of being listed in Korea. Of course, these are all market expectations, so whether they actually happen remains to be seen.
That’s it for now—just keeping an eye on it.
Projects with teams still actively working are indeed rare, much better than those that have already rug-pulled. I do believe in their stable cash flow.
If a Korean exchange listing really happens, this round might have some potential.
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The team is continuously iterating on the product, which is way better than those that just make empty promises. Stable cash flow is an added bonus.
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At the 0.0063 price point, the bet is on the expectations of a Korean exchange listing and being in the exchange's watch zone. If just one of these comes through, you'll break even.
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I'm also keeping an eye on GPS. Right now, pretty much the entire blockchain security sector has been beaten down, which actually makes it the safest time.
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It's rare to see a team that can sustain itself during a bear market—this alone makes it worth long-term observation.
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Rumors about Korea are just for reference, don't take them too seriously. But if it actually gets listed, that would be a game changer.