GMGN responds to business doubts: financial health, no need for sustained high marketing investment

The rumor that GMGN may be poorly managed and facing a "collapse" has attracted attention on social media. In response to this, Haze, co-founder of GMGN, posted on X platform to express doubts, stating that the original author was a GMGN user who raised doubts about GMGN's marketing strategy due to concerns about the platform's development, believing that its marketing approach is unsustainable. Haze explained that GMGN accurately signed several KOLs in November last year, which was earlier than the rise of GMGN market popularity and the Trump coin issue event. The selection of these KOLs is based on years of trust relationships, and GMGN has already recouped its investment. Currently, there is no sustained high marketing investment, team expansion remains restrained, and commercial revenue and cash reserves are healthy. He emphasized that as a pure on chain company, GMGN not only focuses on core businesses such as trading platforms, trading tools, and data analysis, but also continuously optimizes infrastructure and user experience, while exploring new directions, new needs, and new pain points.