#Launchcoin has clearly bottomed out.
- Revenue is improving and looks great.
- Hired two people to improve communication.
- The recovery is spilling over into the broader ecosystem.
Overall, I think Launchcoin’s rebound is mainly fueled by the sell-pressure from the initial run-up slowly fading, setting it up for a sustained rally. It remains one of the projects with the strongest fundamentals.
My only concern is the lack of real product progress and the slowdown in quality launches. Despite that, I believe the current fundamentals support a much higher market cap.
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