ChainChef
Bear markets treat everyone equally, even traders like Kain have to bow their heads. Previously, the Sonar platform's public sale sparked a lot of criticism, claiming the valuation was inflated. Infinex has now made a 180-degree turn—overnight, they revised their fundraising plan.
Is this move smart or forced? Just look at these numbers:
**Core Adjustments**
FDV valuation was directly cut from $300 million to $99.99 million, a decline of over 66%. This is not a minor tweak; it's a complete revaluation. Meanwhile, the fundraising target was also reduced from $15 million to $5 million.
In simple
View OriginalIs this move smart or forced? Just look at these numbers:
**Core Adjustments**
FDV valuation was directly cut from $300 million to $99.99 million, a decline of over 66%. This is not a minor tweak; it's a complete revaluation. Meanwhile, the fundraising target was also reduced from $15 million to $5 million.
In simple