More and more signs point to the bear market nearing its bottom. It's been one hell of a rough year for many people, and I'm sure you've all felt it on your timeline. It might not be over yet, but if it isn't, I believe we're close.
When we started noticing these signs last summer, we decided to downsize our operations to reduce risk for @snek and delay the launch of some special projects. Launching new products in an environment where everyone is hurting and frustrated is likely to waste the opportunity to make a real impact. Sometimes the smartest thing to do is simply wait.
All that to say, we used the past year to strengthen our brand and solidify our foundation. We have one final piece to launch soon in that regard, something I've been working on for the past eight months alongside many others. After that, with a healthier market environment and our expansion plans back in motion, I truly believe the sky's the limit for $SNEK, and that we'll be back at our ATH before long.
P.S. Memecoins are often among the first assets to react to a shift in market sentiment.
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Strike fast… 🏎️
Link: 🕹️ https://t.co/IfPct1EGvo
Trace activity actively watching address:
addr1qxd39k4peszxlf0x59e88hngpe5u9882y2lyhdzazsq4kfvmztd2rnqyd7j7dgtjw00xsrnfc2ww5g47fw6969qptvjshwxpl3
Holding 129.43 million ADA of stolen funds due to the attack, we will keep the heat on any movement of these assets, there is a community effort to inform CEX's including Binance.
Again, I urge the attacker to refund the balance.
@emurgo_io I suggest a public wallet where these funds can be refunded.
https://t.co/giGk7KSMiL