Ranger Finance completed fundraising through the MetaDAO platform with a total funding scale of $8M, and the sale price was set at $0.80. However, the first day of listing performance was disappointing, with the current trading price dropping to $0.70, a decline of 11%, and the token directly breaking the debut price.
This is indeed a bit heartbreaking. Based on past experience, MetaDAO series tokens often experience a dip followed by a rebound in the early days of listing. But looking at this case, the rebound momentum is not very obvious, and the trend is somewhat unclear. The fundraising volume is not small, but unfortunately, it couldn't sustain the first-day performance.
What do you think about projects like this? If you participated in this round, is it better to continue holding or to cut losses in time? Feel free to share your observations.
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AltcoinTherapist
· 23h ago
Breaking below the price is really becoming more and more common. To be honest, a funding scale of $8M can't even hold up on the first day, which is a bit awkward.
It's another MetaDAO series. This time there was no rebound, and it might be even more difficult later on.
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StakeHouseDirector
· 01-11 05:57
Breaking below by 11% is nothing, MetaDAO is cutting another batch... I've seen through this routine long ago, funding plans are outdated, and if the hype doesn't pick up, you gotta run.
Stop-loss, brother, don't expect a rebound, this rhythm feels off.
Selling at $0.80 for $0.70, only bagholders are doing this trade.
Raising 8M sounds impressive, but it still couldn't hold up on the first day... big problems ahead.
I've learned to be smart with these kinds of projects, better to miss out than get trapped.
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DeFi_Dad_Jokes
· 01-11 05:51
Once again, MetaDAO's crash scene, dropping from $0.80 to $0.70. The pace is really a bit rapid.
Looking at the fundraising plan, it seemed quite impressive, but as soon as it was listed, it was hammered down. There was no rebound at all, which is a bit heartbreaking.
Brothers who participated now have to bet on whether it can V-shaped reverse, or else this will turn into a bloodshed deal.
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BankruptcyArtist
· 01-11 05:50
Another one that broke below... Is this the "curse" of MetaDAO?
With such strong selling pressure, there's no rebound, something's off.
8M in funding couldn't save the first day, indicating there's no real hype behind it.
Once in, you're trapped. I see a problem.
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LiquidityLarry
· 01-11 05:48
It's the same old story—raising a lot of money but ending up with a breakdown, indicating fundamental issues.
MetaDAO's approach can't save it either; it seems we still need to recognize the true nature of the project.
Cutting losses is the most painful at times like this, but sometimes you still have to run.
This is how it started on the first day, and the chances of a rebound afterward are slim; psychological preparedness is necessary.
Is anyone still buying at $0.70? I don't really believe in this rebound.
Ranger Finance completed fundraising through the MetaDAO platform with a total funding scale of $8M, and the sale price was set at $0.80. However, the first day of listing performance was disappointing, with the current trading price dropping to $0.70, a decline of 11%, and the token directly breaking the debut price.
This is indeed a bit heartbreaking. Based on past experience, MetaDAO series tokens often experience a dip followed by a rebound in the early days of listing. But looking at this case, the rebound momentum is not very obvious, and the trend is somewhat unclear. The fundraising volume is not small, but unfortunately, it couldn't sustain the first-day performance.
What do you think about projects like this? If you participated in this round, is it better to continue holding or to cut losses in time? Feel free to share your observations.