Recently, while focusing on the market of $SIGN , I noticed that its price logic is shifting from emotion-driven to infrastructure valuation. The doubling trend in early March was essentially the market paying for its digital sovereignty narrative. Currently, the price is oscillating between $0.045 and $0.05, and I personally think this feels more like digesting the early profit-taking.
The strongest support lies in @SignOfficial , which has undertaken digital identity and RWA businesses for multiple countries. Each piece of governmental-level verification is genuinely consuming tokens, and this essential demand destruction provides a level of security that many meme coins lack. Although Sequoia Capital's endorsement offers some confidence, I am also wary of the monthly linear unlocking pressure of about 5.9%.
In the short term, $0.055 is a hurdle. In the long run, if it makes significant moves in the Middle East, returning to $0.1 is just a matter of time. This is not just speculation; it also reflects optimism about the premium of Web3 embedding into the real world.