Look, BAYC and a few others? Still trading at multiples above mint price. Fair enough, they've maintained value.
But Azuki sitting UNDER mint price? That's a different story. You're holding a billion-dollar treasury and your floor is underwater. Maybe it's time to actually use those funds and show some support for your community. Sweep the floor back above mint. That's what holders expect when you're sitting on that kind of capital.
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.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
LostBetweenChains
· 12-10 17:09
Tsk, Azuki really can't hold up this time. A billion-dollar treasury still needs the community to save it?
View OriginalReply0
NoStopLossNut
· 12-10 16:56
Damn, Azuki this time really sucks. Can't even support the floor with a billion-dollar treasury?
View OriginalReply0
ZKProofEnthusiast
· 12-10 16:56
Azuki, this move is really unsustainable. Even with a billion-dollar treasury, they let the floor collapse?
Who came up with this logic...
Honestly, they just want to use the community's money to back themselves.
Why isn't Bored Ape Yacht Club (BAYC) this bad? Just compare to see who is genuinely working.
View OriginalReply0
OnChain_Detective
· 12-10 16:51
ngl this screams classic liquidity death spiral... let me pull the wallet data real quick because something about azuki's treasury movements feels off. pattern analysis suggests they're not actually deploying capital strategically—that's a red flag fr. holders getting burned while devs sit idle? textbook rugpull signature waiting to happen tbh
Reply0
ImpermanentLossEnjoyer
· 12-10 16:49
Laughing out loud, is Azuki still underwater? Is this all for a billion-dollar treasury?
This situation is honestly wild.
Look, BAYC and a few others? Still trading at multiples above mint price. Fair enough, they've maintained value.
But Azuki sitting UNDER mint price? That's a different story. You're holding a billion-dollar treasury and your floor is underwater. Maybe it's time to actually use those funds and show some support for your community. Sweep the floor back above mint. That's what holders expect when you're sitting on that kind of capital.