PANews reported on March 12 that rumors about GMGN's possible poor management and "collapse" have attracted attention on social media. In response, GMGN co-founder Haze posted a message on the X platform to respond to the doubts, saying that the original author of the post was a GMGN user who questioned GMGN's marketing strategy because he was concerned about the development of the platform and believed that its marketing method was unsustainable.
Haze explained that GMGN signed multiple KOLs in November last year, a decision made before the rise in GMGN market popularity and Trump's coin issuance. The selection of these KOLs is based on years of trust, and GMGN has already recovered its investment. Currently, there is no continuous high marketing investment, the team expansion remains restrained, and the business income and cash reserves are healthy. He emphasized that as a pure chain company, GMGN not only focuses on core businesses such as trading platforms, trading tools, and data analysis, but also continues to optimize infrastructure and user experience, while exploring new directions, new needs, and new pain points.
