Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Seeing a major crypto fund acquire a project that's widely viewed as problematic in the community definitely raises eyebrows. Beyond the controversial reception, what's truly puzzling is the valuation logic here. You're looking at a deal where negative sentiment outweighs any clear asset value—investors are essentially trying to find worth in something the market has largely rejected. The real question becomes: on what basis do you even justify the price tag? When community trust is essentially negative, and you're struggling to identify tangible fundamentals, you're essentially betting on a complete narrative turnaround or dormant adoption potential that most builders have already written off. It's a bold—or perhaps baffling—move that challenges conventional investment thesis in crypto.