VGX started to move higher today. The article on public rice dumpling consumption last Saturday also reminded everyone to pay attention.
However, the reason for the rise this time is that it may be acquired by Musk. However, it has not yet been determined whether to acquire VGX, but the possibility is very high, so friends who are following this point can continue to hold it, and friends who have not bought in can continue to hold it. Just wait and see, there is no need to gamble on this possibility.

Why is the possibility of acquisition high? In fact, both Tesla and SpaceX have grown bigger by acquiring others. Binance’s last offer for VGX was 1 billion dollars. This amount of money is not stressful at all for Lao Ma, not to mention that X itself has to build a super APP.

However, the procedures for VGX are relatively complicated. Liquidation and bankruptcy will only be completed in September. The acquisition plan was only announced in August, and we will know in August who will acquire it.
In addition, CoinBae is already on the acquisition list. If it is bought by CoinBae, 10 times the bottom is not excessive. VGX has a market value of only 200 million yuan, and 10 times the market value will only be 2 billion yuan. If it was acquired behind Musk's back, it might be a hundred times higher.
Judging from the K line, it is difficult to start in the short term unless big news comes out, but the current price is cheap, so you can pay attention. Many things have time delay properties. For example, when we breastfed X, she still fell down a bit after breastfeeding, but it didn’t prevent her from pooping about 10 times later. We think ahead of the market. Once we are sure, we will appropriately invest in fixed investments and wait until the market is hyping up the news.
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