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The development team behind Monad, Category Labs, has recently taken new actions. They revealed on the X platform that in the first half of next year, they may purchase MON tokens on the secondary market in accordance with relevant laws and regulations, with a maximum scale of up to $30 million.
However, it is important to note that Category Labs emphasized the flexibility of the purchases — whether they will actually make a move, when to do so, and how much to buy will all be decided by them based on the actual market conditions. This announcement essentially only indicates the team's intentions and ideas, rather than a firm commitment. In other words, this is more about sending a signal to the market rather than a rigid purchase plan.
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300 million sounds impressive, but we'll see when they really take action
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Legal requirements are just that, here they are discussing "intent and ideas"
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This is probably testing market response; if they really wanted to buy, they would have done it already
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It feels like reassuring holders, but the actual plan depends on subsequent actions
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Basically, it's just a leak, waiting to see how the market reacts
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Signals? Or just a smokescreen, depends on how they proceed later
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It's been so long in the first half of the year, even the yellow flowers have withered
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Again with the flexibility, in the end, they might not buy a single cent
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It's that same set of "might, maybe," I've seen through it. Typical of playing both sides.
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Regulations require purchase? Feels more like setting up an excuse for oneself.
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Flexibility just means no commitments. This move has me a bit puzzled.
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What’s the value of a few signal points? Only actually making a move counts.
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Wait, is this real? Why do I feel like it's just hype?
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30 million sounds like a lot, but in reality? Maybe not even a penny.
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30 million sounds like a lot, but it's all virtual. Whether to buy or not still depends on the mood.
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Sending signals again, same old routine. Let's wait and see if real money is poured in by mid-year.
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The compliance requirement excuse is becoming more and more familiar... Forget it, I don't really care whether they buy or not.
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Just want to know if they'll really spend money then, or if it's just another empty shot.
Whether to buy or not is up to you, signals? I only trust spot assets.
30 million sounds like a lot, but in reality... it depends on their mood.
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Another "flexibility," in plain words, just depends on the mood
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Signals are just signals; real money talks
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Legal regulations? I've heard that joke many times, but in the end, it's all about market sentiment
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Honestly, I've seen this kind of operation many times, just testing the waters first
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30 million sounds like a lot, but compared to MON's scale... well, you can figure it out yourself
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"Maybe" and "flexibility," I just want to know what percentage will actually be implemented in the end
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This is just a psychological game with the market