
陈剑Jason 🐡|Apr 06, 2025 11:09
Ah, actually Phaver is already a relatively good quality project. Dao5 invested and received endorsement from Lens, but both were so dismal that they ended up stopping operations with a coin price of zero. Two years ago, I participated in supporting a project with a similar background to Phaver. After the coin was issued last year, I was allocated a credit limit of over 1.5 million US dollars, but TGE only unlocked 5%. Now, 1.5 million is worth 5000U 😂 It has dropped by 99%, and almost all of the founding team has left. Only the founder is still persevering, and he has not made any money from the project. He just couldn't resist the free fall of the coin price without buying it. He is still paying his own salary and leaving a few employees to continue working. He works very hard, but refuses to accept defeat or accept his fate. He doesn't want to bear the stigma of rug, and even gives us monthly reports every month, but the situation is gone and cannot be reversed oh
To be honest, many projects are bleeding on Binance under the pressure of breaking down, not just to sell for much money, but more importantly to avoid going back to zero. After all, as long as you have a shell on Binance, even if the price drops more than 10 times in a bear market winter, there is a high probability that the next bull market will come back to life. If you don't go to the big exchange, going back to zero is really going back to zero.
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