$ALEO Currently, Aleo's official operations, in my opinion, are aiming for a "break or make" approach—cutting off all options. They are willing to sacrifice everything to force your mining operations offline and reduce hash rate, so that they can rebuild and boost the ecosystem. Their technology is indeed solid, no problem there. However, their economic model is extremely flawed. They have to completely abandon the issues caused by their previous economic models before they can properly develop. So, the bottom hasn't been reached yet; it still needs to fall further. I personally estimate the bottom will be around 0.03.

ALEO-7.49%

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Zytc

· 4h ago

I believe the main reason for the continuous price decline is the selling pressure caused by early supporters taking profits and selling off. As time goes on, the amount of staking required for mining will increase, and once all the miners exit the market, it seems it will be even more difficult to see any improvement.

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GateUser-935cef5b

· 5h ago

So now there are issues with staking FOX LEO tokens and issuing coins. The original funds can't be withdrawn either. Things like Moore staking are the same. It will take some more time until it reaches the bottom.

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GateUser-3c770014