Charles's Midnight project has secured another partnership with a leading exchange. Honestly, seeing the founder’s energy and resources increasingly shift toward the new project inevitably makes people worry about the future of ADA, the old chain.
If a project truly has a bright future, would the founder be in such a rush to launch something new? It feels a bit like a repeat of the script from certain projects years ago. Whether Midnight will succeed is still uncertain, but ADA’s situation definitely makes people nervous.
Let’s wait and see—the market will give us the answer.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
GasSavingMaster
· 12-06 02:32
Here we go again, I've seen this trick several times already. New projects are great at pitching their fundraising stories, while old projects are completely ignored.
View OriginalReply0
WalletWhisperer
· 12-06 02:26
ngl the address clustering patterns here are screaming capital reallocation... charles spreading thin across multiple chains usually signals wallet anxiety more than expansion imo
Reply0
StableNomad
· 12-06 02:25
ngl, this gives major UST vibes... founder chasing shiny new things while the og chain slowly loses momentum. statistically speaking, when devs start portfolio diversifying like this, risk-adjusted returns on the original asset usually tank within 18 months. not financial advice but been through this circus before.
Charles's Midnight project has secured another partnership with a leading exchange. Honestly, seeing the founder’s energy and resources increasingly shift toward the new project inevitably makes people worry about the future of ADA, the old chain.
If a project truly has a bright future, would the founder be in such a rush to launch something new? It feels a bit like a repeat of the script from certain projects years ago. Whether Midnight will succeed is still uncertain, but ADA’s situation definitely makes people nervous.
Let’s wait and see—the market will give us the answer.