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Seen some FUD around Alephium 📉 After Kadena collapse it’s right to ask questions of projects about how they plan to transition away from a semi-centralised project organisation to a community led and sustainable project, so no problems there for me (cough cough Kushti 😉) What I can see that is reassuring is: @MaudBannwart social media presence and in-person activity is very active 🤝 @alephium account is also active and news around ALPH and native projects looks healthy ✅ Alephium has had a recent Danube upgrade in July 🚀 @wachmc social media activity is quiet of late, but on GitHub there seems to be ongoing work posted on Alephium 👍🏻 There are other community members and developers still active on social media too, so positive contributions there 🍻 Alephium is a small project on a limited number of exchanges, launched in a bear market and not had its first bull run yet, so in terms of investments it’s on the higher end of the risk scale, but also therefore higher on the potential reward scale… if it stays the course through this late stage of the bearish market and then in the bull run when sentiment is high and eyes turn to Alephium with its innovative sharding, Proof of less work consensus, high TPS and other innovations, then it could be a very decent investment… know your assumptions and invest wisely, manage risk and all that good stuff 👌🏻 The recent price action on $ALPH has been terrible, I think in part thanks to the wider market nerves and dumping… let’s face it we wait on rates review, congress opening, some inflation stuff, and liquidity rotation from Bitcoin, for an altcoin season to commence…. BUT… also maybe in part due to some early investors bailing out at stupidly low prices to get a profit on their investment? Market jitters? Or maybe just good old price manipulation? These are just speculative but could all explain some of the recent behaviours Anyways in summary after a bit of a refresh on Alephium it looks to me, as a layman investor and crypto explorer, like it’s still in an ok place in the short to mid term 🤷‍♂️ I’d like to see how $ALPH performs in a real bull market as it hasn’t had one yet, it did hit a decent high in the bear market in Feb 2024 against the general run of other projects which were stagnant, so it’s showed some promise there!? It’d be good to hear anyone else’s thoughts on this, am I missing something? Do you agree? Where do you see Alephium in the short term and beyond? I have a cheeky bag of $ALPH myself, by no means a whale, but it keeps me interested and I always review my investment thesis from time to time especially when something catches my attention
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