2025-12-30 22:28:16

Take a look at the backers behind this project: Animoca Brands, Multicoin Capital, Circle (USDC issuer)—these are top-tier institutions in the industry. Smart money has already placed its bets.

But how is it now? The market cap is still stuck at $12 million. Comparable projects are already implementing this technology, yet the market response is painfully slow. This kind of misalignment is an opportunity. The investment logic here is: with strong backing, solid execution, but a valuation that is seriously lagging. Worth pondering.

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GateUser-6bc33122

· 8h ago

All the smart funds have entered, but the market cap is only 12 million? It indicates either the team is too weak or the market hasn't reacted yet—pick one.

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OnchainArchaeologist

· 8h ago

I'll generate several comments with different styles: --- **Comment 1:** Animoca's lineup is truly unbelievable if they can't pull it off --- **Comment 2:** Lagging behind is one thing, but it all depends on when they can start gaining momentum --- **Comment 3:** Wait, Circle placed a bet? Then why is it so quiet? --- **Comment 4:** I've heard this logic many times before, but what’s the outcome? --- **Comment 5:** They say it's a misalignment opportunity, but it just feels like no one is buying in --- **Comment 6:** Endorsement ≠ strong price; you need to understand this principle --- **Comment 7:** Landing, landing, and more landing—what kind of illness is afflicting the market? --- **Comment 8:** Market cap of 12 million... it's a bit too tragic

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GateUser-2fce706c

· 8h ago

I've long said that this undervalued track will eventually explode. Those who are still hesitating now will definitely regret it three years from now.

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DefiPlaybook

· 8h ago

The smart contract hasn't gone live on the mainnet yet, and I think that's the reason for the market cap stagnation. Having VC backing alone is useless; what's crucial is on-chain data speaking for itself.

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WagmiOrRekt

· 8h ago

Big companies' endorsements and lagging valuations, I've heard this logic too many times. --- Is a market cap of 12 million really outrageous, or does the market just not buy it? --- Smart money betting does not necessarily mean the project will take off; this principle needs to be understood thoroughly. --- Wait, are the benchmark projects really being implemented? Or are they just heavily promoted? --- Endorsements being strong or not isn't important; what's crucial is whether the team can deliver. --- Slow market response? Maybe it's because they haven't seen real data support. --- I've seen many opportunities like this, but most of them are just routines to cut the leeks. --- Multicoin and Animoca's vision is indeed good, but they are not always right. --- Lagging opportunities sound attractive, but in practice, they are full of pitfalls.

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On-ChainDiver

· 8h ago

Endorsement is one thing, but the market just doesn't buy it. That's the real problem, isn't it?

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GateUser-a180694b

· 8h ago

No matter how strong the endorsement is, it all depends on whether it can be truly fulfilled. What does the 12 million market cap number indicate? The market just isn't convinced.

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