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Links on $DAG increased by 305% over 24 hours.
It all started when Ben announced that Constellation has become an AI company and that the acquisition is not an OTC deal for cryptocurrencies but an equity transaction based on the network's value.
The value of AIAI Holdings is estimated at $39M.
$DAG 's share of that is $175 million.
The network receives $25 million as committed growth capital on top of that.
Someone looked at everything Constellation has built and decided it’s worth $175 million. This figure is in a legal file with SEC liability.
I'm not telling anyone to buy anything. What I am saying is that the concerns fueling negative sentiment this week should look very different when you read the S-1 form.
FUD comes from people who either haven't read it or don't want you to read it.
The community that understands what has actually been built shows in that level of engagement. That rise didn't come out of nowhere.