Placeholder Partner: TIA is fundamentally underestimated, still bullish
Former Ark Invest crypto head and current Placeholder VC partner Chris Burniske stated on social media, "I'm still bullish on TIA, while the timid ones only go short with the trend. When CelestiaOrg rebounds, I won't be the one troubled by thoughts like 'I could have bought TIA when it was under $5 instead of mocking.' He believes that TIA is fundamentally undervalued. Burniske pointed out several things those who are bearish on TIA fail to understand:
· CelestiaOrg as an ecosystem is operating at full capacity, with a diverse group of passionate developers actively experimenting.
· The so-called 'evil venture capitalists' who were given liquidity are unlikely to sell off in October as expected because they see progress in the ecosystem and share the team's vision.
· Many major supporters of TIA do not focus solely on short-term gains as depicted by outsiders.
· Those buyers who are watching due to concerns about unlocking pressure will be encouraged by positive price trends and reduced uncertainty, prompting them to take action."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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