GateUser-935cef5b

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GateUser-935cef5b

03-13 02:46

$ALEO said personal prediction around 0.03 is the bottom, everyone wait for 0.03. Also, it seems those doing staking right now can't get returns and have to wait.

ALEO14,86%

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GateUser-935cef5b

03-12 03:54

$ALEO Currently, Aleo's official operations, in my opinion, are aiming for a "break or make" approach—cutting off all options. They are willing to sacrifice everything to force your mining operations offline and reduce hash rate, so that they can rebuild and boost the ecosystem. Their technology is indeed solid, no problem there. However, their economic model is extremely flawed. They have to completely abandon the issues caused by their previous economic models before they can properly develop. So, the bottom hasn't been reached yet; it still needs to fall further. I personally estimate the

ALEO14,86%

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Zytc

I believe the main reason for the continuous price decline is the selling pressure caused by early supporters taking profits and selling off.
As time goes on, the amount of staking required for mining will increase, and once all the miners exit the market, it seems it will be even more difficult to see any improvement.