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.
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DAOdreamer
· 6h ago
This operation is truly outrageous... spending a lot of money to buy a project that the community opposes?
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Where's the valuation logic? Explain clearly, brother.
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Just betting on a narrative reversal? That's hilarious. Isn't this pure gambling?
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Negative emotions are off the charts, and they're still pouring money in. Is this big fund brain dead?
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I just want to know what reasons they have to convince LPs...
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Typical bagholder mentality, waiting to be proven wrong.
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The community already dislikes it, yet they dare to take over... is the next step PR whitewashing or a direct rug?
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No fundamentals, and still talking about turnaround? That's funny.
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TokenUnlocker
· 7h ago
This valuation logic is really incredible. Negative sentiment has overshadowed actual assets, yet people still dare to buy in?
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RunWithRugs
· 7h ago
This valuation logic is really incredible, pouring money into a project that the community despises?
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With so much negative sentiment, how does this big fund dare to take over... what are they thinking?
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I just can't understand why it can be sold at this price; the community has already abandoned it.
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It's a typical gambler's mentality, betting on unrealistic narrative reversals.
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This move is really a bit crazy, with no fundamentals and still throwing money in?
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Wait, is this big fund really trying to bottom out or just gambling?
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The community's trust is gone, what else is there to play for...
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No wonder they say the investment logic in the crypto circle is absurd; this is the best example.
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NFTArchaeologis
· 7h ago
It's like buying an antique of questionable authenticity at a high price, hoping future generations will reassess its value. There's a bit of gambling involved.
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DeepRabbitHole
· 7h ago
Where is this? Spending a huge amount to buy a project that the community despises? Truly outrageous
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faded_wojak.eth
· 7h ago
NGL, this is just outrageous. Spending a lot of money to buy something that the community despises... What's the point?
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consensus_whisperer
· 7h ago
This valuation logic is really outrageous... Can't even suppress negative emotions, and still dare to buy in?
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.