Longxin Technology's IPO Sparks Divergent Predictions Among Crypto KOLs

HuoXing Finance reports that on July 27, following the listing of ChangXin Technology, crypto KOLs have shared diverse predictions. Jiang Zhuoer, founder of BitClub (B.TOP), expressed a relatively bearish view, stating, "ChangXin Storage is likely to open sharply higher, then pull back—today may be its all-time high. The perfect script would be buying at the A-share open, selling at the midday Hype spike, then closing the position the next day by selling A-shares and buying Hype. Without preparing for Hype, you could get trapped by T+1 and end up like PetroChina—for life." In contrast, Mango Labs founder @dov_wo is more bullish: "I’ve gone long on ChangXin Technology. To me, this is a rare 1:5 bet: 20% downside, 100% upside—a five-to-one payout." @dov_wo listed the following bullish reasons: low float, regulatory intervention, and institutional interest in investment opportunities below RMB 3 trillion in market cap. His recommended strategy: "If it opens high tomorrow, close the position immediately and take profits; if it opens low but rallies, wait patiently—resolve the trade within three days." Meanwhile, institutional analysts remain sharply divided: Nomura has set a target price of RMB 116 for ChangXin Technology, implying a market cap of RMB 7.76 trillion. In contrast, Northeast Securities has estimated a valuation range of RMB 3.2 trillion to RMB 5.7 trillion.