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Council Member's Public FUD Threatens Elastos' Investor Confidence

I think he’s actively undermining his own investment by spreading FUD and clearly doesn’t understand Elastos’ fundamentals.

Calling Rong a terrible founder and labeling WCI a scam on X is counterproductive and harms investor sentiment.

As a council member, that behaviour is disgraceful and risks damaging community trust and project reputation.

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Analysis

Public attacks from an official risk reputational damage, increased volatility, and distraction from project fundamentals; investors should treat such social-media claims cautiously and prioritize ver...

Recommendation

Don’t react to headline accusations—monitor official responses, verify claims independently, and base any trading decisions on fundamentals and documented governance actions rather than X posts.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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