⚠️ I just saw a foreigner's insider information about GMGN, which is indeed consistent with the rumors I heard—— (Original translation:)@ 0xPickleCati Brothers, I think GMGN is going to collapse. If you still have assets inside, quickly withdraw them. They offer KOLs a price range of $10000 to $50000 per month (for regular KOLs) and sign a one-year contract. This is 10 times higher than the price offered by all CEX (other platforms only offer around a few hundred to 5000 dollars at most). The key is that since LIBRA, on chain activities have completely cooled down. GMGN's operating costs are exploding, but user interest is plummeting. They survive on the heat on the chain, but now everyone is evacuating. How long can this state of burning money while continuously losing new and old users last? Add a few key pieces of information: OKX and Binance are playing to death with them GMGN forces KOLs to sign exclusive agreements, prohibiting the promotion of other decentralized trading products But CEX (OKX/Binance), which has self-developed decentralized trading products, is doing them the opposite OKX and Binance will first have KOLs "sign" CEX cooperation, and then have these KOLs push their own decentralized transactions on OKX Wallet/Binance Wallet GMGN cannot defend against it at all In addition, according to internal information, including several top KOLs I know, there are already a large number of KOLs preparing or in the process of defaulting. They would rather pay a penalty than be buried with GMGN. Yes, GMGN did rely on cash flow to expand in the past few months, but how long can this burning method last? The market is in such a terrible state now, if the heat on the chain does not rise, not to mention six months, three months is enough. Unless there is an immediate miracle level on chain hotspot, GMGN's money throwing model is doomed. The question now is not whether GMGN will die, but when it will die. Hurry up and withdraw, don't wait until the end to accept the offer.