Good morning, investors 🚨 #Jagaer
After the recent turmoil in $Jager, the team discussed the situation on their official account on X, explaining the reasons behind the fluctuations.
It turns out there was an internal division within the team regarding token allocations, wallets, and related matters. This dispute led to some members leaving the project and liquidating their holdings - settling accounts and paying any dues to partners or employees who departed.
Naturally, this raised a fear of missing out, skepticism, and intensive selling, causing the token's value to drop. But let's be realistic, this is a common scenario in projects in their early stages where ambitious goals and profit sometimes clash.
The good news?
This drastic change occurred early, before the influx of massive investments.
The team is now planning stronger buyback and burn operations (in addition to the current burns every second) to reward loyal shareholders - especially those using Binance Alpha who are suffering from weak distributions.
Despite the chaos, $Jager has held up well, surpassing a trading volume of one million dollars.
The team emphasizes that this is a long-term strategy. If history is any guide, remember that Pepe, Shiba, Bonk, and Doge all started with similar setbacks.
Don't overlook this.
Invest only what you can afford to lose - think of the "spare change."
$Jager