🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Recently, a notable new project called XAN has emerged in the Crypto Assets market. As a project focused on privacy and cross-chain capabilities, XAN has secured quite a significant amount of funding. However, industry insiders point out that despite the ample funds, XAN does not seem to have brought much technical innovation.
The project token Alpha had an initial trading price of $0.15, resulting in a market capitalization of approximately $300 million for XAN. To better assess this valuation, investors are comparing it with similar projects, among which Wormhole is considered a valuable reference.
For potential investors, this market comparison undoubtedly provides important decision-making basis. Many observers have stated that they will closely monitor the public trading performance of XAN to further assess its investment value. In the rapidly changing environment of the Crypto Assets market, caution and comparative analysis are particularly important.
As the XAN project continues to develop, the industry will keep an eye on whether it can make breakthroughs in technological innovation and practical application, thereby proving the rationality of its high valuation. In this rapidly evolving field, the long-term success of a project depends not only on the initial scale of financing but also requires continuous technological advancement and market adaptability.