The STABLE project mentioned today honestly leaves people a bit speechless.

From project initiation to operation, the problems exposed are more than just a few. The team composition is a patchwork of Chinese members plus a few foreign personnel, and the issue is that they seem to lack a clear understanding of the current market—still stuck in the mindset from a few years ago that "a good story will get people to buy." As a result, in order to save costs, they ended up digging themselves into a hole. Internal holdings are not transparent, the team attitude is quite arrogant, but their actual operational ability raises doubts.

Today, although the Korean exchange has gone live, the market response has been tepid, hardly making any waves. As for the spot listing on a major exchange? With the current situation, it's basically a no-go in the short term.

The market won't pay for unprofessionalism, so it's time to step back if needed. This move by STABLE serves as a lesson for those who come later.