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KaY〽️

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@KayBlockchain

🧩 Here for the tech - Blockchain by day, Chart analyst by night. Full-time Crypto Nerd
Joined February 2013
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KaY〽️ Verified account @KayBlockchain
🧩 Apparently, if you're not a permanent Algorand moonboy, you're a FUDder now.

So just to make things clear:

I still hold $ALGO. I tweet about the tech, the adoption, the good news and the things Algorand does better than most chains.

But I also criticize what I think deserves criticism. Sometimes seriously, sometimes with humor. And sometimes I ask uncomfortable questions just to open a debate.

That's not FUD.

When you've been invested in something for 6+ years, watched it lose ~95% from its ATH, and seen questionable decisions, investments and money lost along the way, I think you have every right to ask questions.

Especially when the Foundation still relies on selling ALGO to fund its operations, salaries, marketing, ecosystem development, etc.

You can believe Algorand has some of the best tech in crypto and still question how the Foundation operates.

Those two things aren't mutually exclusive.

I don't want to be a moonboy or a FUDder.

I just want to be factual.
31 replies 8 reposts 199 likes 8K views View on X
KaY〽️ Verified account @KayBlockchain
🧩 Update - $ALGO 1D
Tick...tack... $0.085 next.
KaY〽️ Verified account @KayBlockchain 3d
🧩 algorand:native Daily chart looks like shit.
Why?

-Lower highs: Sellers keep stepping in at progressively lower prices
-Repeated support tests: The $0.089 to $0.090 zone is being tested again
-Failed rebound: The latest bounce toward $0.100 was rejected
- 50 & 200 EMA back bearish. Crossing again.
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KaY〽️ Verified account @KayBlockchain
🧩 I've been thinking a lot about @Algorand's future since William took over as CEO.

Staci Warden is gone. The CTO and marketing chief have left too. Teams across the Foundation have been significantly reduced.

I understand the need to cut costs and rethink the strategy. Some of @FinTechWilliam's first moves actually look promising.

But something still worries me.

We're entering an era where very few of the people who shaped Algorand's early years seem to remain involved in its leadership.

I even asked William whether he had met, or planned to meet, @silviomicali. Seems like a pretty natural conversation to have when taking over the project he founded. No answer so far.

Right now, a lot seems to rest on William's shoulders, yet we still have limited visibility into his broader vision.

This isn't FUD, I'm just wondering if I'm the only one feeling a little uneasy about this transition
11 replies 2 reposts 30 likes 1.3K views View on X