The latest trend of #aleo aleo, the aleo core team said in the video conference that 90% of the aleo tokens received by people were thrown into the market, and they did not fulfill the verbal agreement and kept them in their own wallets without selling them. Coupled with the low community sentiment, the currency price continued The main reason for the downturn.

Follow-up improvement plan: switch to on-chain lock-up mode and use code to execute!

Personal opinion: The aleo development team has a certain accumulation of technology, but is very poor at marketing and marketing methods, especially has no control over human nature. They completely ignore the greed of human nature.

After aleo went online, it failed to achieve the team's expected goals. The miners' confidence was low, and the community development was constantly clouded. In addition, the tokens received were not locked on the chain. They only implemented a verbal agreement to ensure that everyone did not sell their tokens.

In fact, when the market is in a downturn and aleo tokens continue to fall, everyone falls into panic and anxiety, resulting in a large amount of selling pressure and further emotional escalation.

I hope the aleo team can understand that technology development is important, but community building is equally important. Blindly developing technology and ignoring the voice of the community will only drag the aleo project into the abyss.

Written at the end, the aleo project is different from previous blockchain projects. Ethereum, BNB, including the new public chains SOL, SUI, and APT all have the concept of "gas fee", but aleo does not. Aleo will calculate it in advance when executing transactions. The network fees that need to be paid will not increase with the large-scale application of the network and the large fees paid when the chain is congested. This is one of them.

Second: aleo is not an Ethereum side chain, nor is it a project derived from the Ethereum protocol, but a brand new and different model of the existing public chain. Its ecology is different from that of Ethereum and other projects, market integration and other It takes time for the team to understand individually.

Note: The current aleo currency price is sluggish, and it is useless to say more. Because in the currency circle, pulling the market is justice, and nothing will work if you don’t pull the market.

Therefore, we will give the aleo team some more time. After SOL goes online, it will increase the bottom sideways for about 90 days, and after FIL goes online, it will stay sideways for about 90 days. It has only been 17 days since aleo was launched until the currency price fell, so just wait for the flowers to bloom.