Infinex's token pre-sale on the Sonar platform is experiencing a cold reception. The project team recently made significant adjustments to their fundraising plan: the FDV target was reduced from the original scale to $99.99 million, and the fundraising amount was also cut to $5 million. More painfully, even after these adjustments, the pre-sale momentum remains weak — currently only $540,000 has been raised, a huge gap from the target. Notably, in 2024, an institution invested $67.7 million in funding, and now the situation is quite awkward. Despite continuously lowering expectations, the project team still struggles to turn around the pre-sale situation, which also reflects the current market's true attitude towards the project's attractiveness.
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BlockBargainHunter
· 22h ago
Wow, from 67 million down to 540,000, what a sharp decline...
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Even after lowering the price, there's still no sales. What does that mean...
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Infinex really pulled through this time. Where's the former big sponsor?
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Couldn't even gather 5 million, the project team is really done for.
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Falling from heaven to hell, the pre-sale data is really quite tragic.
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Continuous price cuts but still no one buying, it's time to reflect.
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What do the early investors with over 60 million feel now? I'm curious...
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FDV halved and still no buzz, that's just ridiculous.
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Pre-sale of 540,000 against a target of 5 million, the gap is huge.
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The market has already given the answer, no one is optimistic.
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Funding scale keeps shrinking, even laymen can see the problem.
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GasFeeSurvivor
· 01-05 14:40
Wow, from smashing 67.7 million down to only 540,000 now, how embarrassing is that... Continuous plunge and still can't sell it.
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RebaseVictim
· 01-05 09:50
Ha... $540,000? This is the story of once being 67.7 million, can't even laugh anymore.
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NFT_Therapy_Group
· 01-05 09:44
Huh? From over 67 million down to only 540,000 raised now, this decline is just too outrageous.
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FudVaccinator
· 01-05 09:37
540,000 invested and still not making a splash, how bad does it have to be... Last year, 67.7 million was invested and now it's like this, the institutions must be crying their eyes out.
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SignatureLiquidator
· 01-05 09:31
Haha, this is the art of "adjusting expectations." Dropping from hundreds of millions to just one hundred million, and in the end, not even enough to make up the difference.
Infinex's token pre-sale on the Sonar platform is experiencing a cold reception. The project team recently made significant adjustments to their fundraising plan: the FDV target was reduced from the original scale to $99.99 million, and the fundraising amount was also cut to $5 million. More painfully, even after these adjustments, the pre-sale momentum remains weak — currently only $540,000 has been raised, a huge gap from the target. Notably, in 2024, an institution invested $67.7 million in funding, and now the situation is quite awkward. Despite continuously lowering expectations, the project team still struggles to turn around the pre-sale situation, which also reflects the current market's true attitude towards the project's attractiveness.