Meson Network tokens plummeted and were delisted, and the CEO vowed to persist in development: the ambition for the Web3 bandwidth market remains unchanged
Recently, the blockchain community has been stirred up. The OKX exchange announced that it would delist the Meson Network (MSN) token trading pair. This decision followed the continuous plunge of the MSN token since its listing, which attracted widespread attention from the market. The MSN token briefly hit a high point at the beginning of its listing and then quickly fell back, eventually plummeting by more than 99%. Before being delisted, it suffered a 34% plunge in a short period of time, and the coin price fell to the bottom.
Faced with market doubts and community heated discussions, OKX responded that the delisting decision was based on multiple factors and aimed at protecting user interests and high project standards. Meson Network showed a tenacious attitude. CEO Sherlock Shi made it clear that the company would not give up due to external pressure, and would continue to deepen its core business-operating the bandwidth market and provide efficient IP proxy services to customers in the Internet field.
Based on its unique DePIN node technology, Meson Network aims to build a Web3 ecological foundation for decentralized storage, computing and data transmission. The company has completed + communication Junyang: 954737157 multiple rounds of financing, with a valuation of up to 1 billion US dollars, a luxurious lineup of investors, and plans to launch Epic: Meson-3.0 chain in the future to further expand the market.
Despite the bleak performance of the token market, Meson Network's core business is closely linked to market demand and has a solid customer base. The project party emphasized that it will continue to expand the number of nodes and increase product revenue, showing its firm confidence in future development. In the Web3 wave, whether Meson Network can turn the tide is worthy of continued attention from the industry.
