Regarding the recent surge in popularity of the new dog-themed tool #Axiom on the Solana chain, ABCDE Capital and Huobi co-founder Du Jun stated: "Whether it's 'gmgn' or Axiom, the essence is that they are brokerages, and their moat isn't deep. Using the valuation model of exchanges to invest in brokerages will lead to disappointment in the future."

He further added that his consistent advice for these types of tool projects is: "They are suitable for donation or acquisition; further research is needed before considering them as investment targets."

@AxiomExchange