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Top trader Eugene confirms the investment mistake in GNON and says he will be cautious in releasing experimental content in the future
BlockBeats news, on October 28th, top trader Eugene expressed on his social platform, 'Admit it, failure is failure. When hunting in the trenches, you are bound to encounter some things that don't work. Given the activity of these AI accounts, new data is constantly being released, and people need to constantly adjust based on this data. I will be more careful when discussing experimental things on Twitter in the future.' Earlier, Eugene wrote about the issue of the persistence of AI meme coins, saying, 'Regarding defensive persistence, I tend to favor philosophically immutable ideas that cannot be replicated and do not require continuous content generation,' and believe that 'new religions and cluts seem to intuitively fit into forming long-term market consensus.' The accompanying image in his tweet contains the AI cult meme coin GNON logo. As of the time of writing, GNON Market Cap is currently at $9 million, with a drop of over 50% from its high point.