Today I took a look at $SIGN , $0.042, it has dropped nearly 20% in one day.

A while ago, when the news of Sierra Leone's MoU, Kyrgyzstan's CBDC, and the Middle East narrative came out, the price did indeed rise for a bit.

But the narrative can only drive the price up once or twice, not every time. Several MoUs have been signed, but I haven't seen any that actually generate income.

The market is starting to return to a very simple question: how many people are actually using this agreement? #Sign地缘政治基建

On-chain proof in this direction is unquestionable; in life, everywhere you need to prove who you are, what you have, and whether what you say is true.

But having a valid direction and being able to execute the agreement are two different things. Currently, the use of @SignOfficial SIGN is still concentrated within Web3; none of the truly high-frequency scenarios off-chain have been included.

With a market value of 68 million, that's not considered high in the circle. If there really is an off-chain scenario that can be connected, this price is definitely not the endpoint.

But if it continues to rely on signing MoUs and issuing news to hold up, then this position may not necessarily be the bottom.

Observe, do not bet, just record.