Analyze Says Montra Token Purchase Was His Decision, Apologizes to Ascend Team

According to ChainCatcher, Analyze, who oversees much of the marketing and operations strategy for Ascend, said his purchase of Montra tokens was his own decision and that other team members were not involved. Ascend is a token issuance platform in the Elysium ecosystem. Analyze said he transferred $100,000 to a wallet one or two days before the token’s launch to build a position, viewing the purchase as a business arrangement for Ascend. He said the tokens were bought after launch and that other market participants could have done the same. He also said a friend created a FOMO wallet after learning of the purchase and suggested transferring the tokens to it. Analyze acknowledged handling many comments before publication without stopping them, calling that unprofessional and apologizing. He said unexpected events on launch day led him to make irrational decisions, including urging Tommy to obtain more supply despite Tommy’s initial opposition. Analyze apologized to Tommy, the rest of the Ascend team and the community, and accepted responsibility for his decisions.