$SIGN In the past couple of days, it has dropped directly by 40%, and the price is now about 0.033. The market value has gone down to over 50 million, and I am really a bit bewildered.

What’s most outrageous is that during this time, the project team hasn’t released any negative news. There hasn’t been a hacker attack, the team hasn’t run away, and there aren’t any negative scandals; the project itself is still operating normally, and they are even discussing new collaborations and signing new agreements. But the price just keeps going down, and it can't be stopped. @SignOfficial

I truly believe this situation speaks volumes.

Previously, the market's hype was entirely based on the narrative of geopolitical infrastructure. Back then, signing a memorandum or releasing compliance news could easily drive up the market. Now it’s different; the market doesn’t buy this anymore.

Everyone is starting to look at real, tangible things. How many people are actually using the agreements? How much actual cost has been generated? The answer is clear: almost zero.

Moreover, the tokens have long been fully released, and there are no so-called stories of manipulation to tell. It’s now the most genuine trading game; it’s very simple, there are more sellers than buyers.

Some people ask if a market value of 50 million is expensive? I personally feel that if there can really be off-chain scenarios introduced later, looking back from this position will definitely seem cheap. But if it remains stuck at the stage of signing collaborations and issuing announcements without delivering results, it’s really uncertain where the bottom is.

Right now, I am completely watching without any positions, just recording the market and my own thoughts. Projects that rely on narrative to support themselves, once the market turns to look at real data, can drop very harshly. #Sign地缘政治基建

Do you think there is still a chance for a turnaround? Or will it continue to probe downwards?