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๐จ $STORJ FILES CHAPTER 11 โ ANOTHER ICO CASUALTY HITS ZERO ๐๐
๐ The numbers tell the ugly story: $35M raised between VCs and the 2017 token sale, yet operations couldnโt sustain the debt. Chapter 11 filing means restructuring, but the token is already trading at $0.059 โ a 99.9% tombstone from its glory days. ๐
๐ฅ This isnโt an isolated event โ itโs the final chapter for a generation of projects that raised millions but never built durable revenue. $STORJ holders are now part of a post-restructuring ownership pool that includes management and investors โ a brutal dilution scenario. ๐ฉธ
๐ฌ When will the market learn to stop pricing hype over fundamentals? Is $0.05 the floor or the start of another leg down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STORJ #Bankruptcy #CryptoNews #ICOPurge #Bearish
๐ ๐
๐ The numbers tell the ugly story: $35M raised between VCs and the 2017 token sale, yet operations couldnโt sustain the debt. Chapter 11 filing means restructuring, but the token is already trading at $0.059 โ a 99.9% tombstone from its glory days. ๐
๐ฅ This isnโt an isolated event โ itโs the final chapter for a generation of projects that raised millions but never built durable revenue. $STORJ holders are now part of a post-restructuring ownership pool that includes management and investors โ a brutal dilution scenario. ๐ฉธ
๐ฌ When will the market learn to stop pricing hype over fundamentals? Is $0.05 the floor or the start of another leg down? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STORJ #Bankruptcy #CryptoNews #ICOPurge #Bearish
๐ ๐
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