Two days ago, I bought 100,000 $EDEN at 0.38. Yesterday, it hit a high of 0.5, but I didn’t sell. The $12K unrealized profit has now returned to near the cost price. Yesterday’s post received quite a bit of criticism, which I humbly accept—after all, I’m still learning and improving my investment research. The main purpose of sharing on social media is: first, to document my journey, and second, to provide useful information to everyone. Today, I revisited my research and adjusted my thinking: $EDEN has a total supply of 1 billion, with 184 million in circulation. At the current price of 0.4, the circulating market cap is approximately $75M. It’s backed by roughly $300M in U.S. Treasury assets. Reasonable valuation depends on: how much income the assets can generate → market expectation multiplier → circulation/unlock risk discount. Quick calculation: If $300M assets generate 1%-5% returns, combined with a market expectation of 10x, and factoring in a 50% circulation risk discount, the estimated range is: Low return model: ~$0.136 High return model: ~$0.68 So the reasonable range is between $0.136–$0.68. At the current price of $0.3–$0.4, it’s moderately high, and the risk/reward ratio isn’t ideal. I’ve been gradually closing my positions while in profit and will consider buying back in the undervalued range. I’ll also look for other opportunities. (Just my personal opinion, feedback is welcome ) @OpenEden_X