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Xai Chronicle

A warning against chasing, and a governance gap

The run of rising prices had made the group livelier than it was over the holiday, but old disappointments came back with the excitement. When someone asked whether it was time to buy, the Night Watchman answered with just two words: “Don't chase.” The conversation turned attention from the price to the process.

A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.

The run of rising prices had made the group livelier than it was over the holiday, but old disappointments came back with the excitement. A longtime community member, the Night Watchman knew there were many steps between an enthusiastic call to buy and a governance decision that could actually be carried out.

When someone asked whether it was time to buy, the Night Watchman answered with just two words: “Don't chase.” Another member checked the governance page and counted back: the last proposal put to a vote was on March 16, 2025, and no vote had followed. The official account replied that governance was still active and two proposals had recently been submitted. The group then asked who would review them and when they might reach a vote.

The conversation turned attention from the price to the process. The two new submissions showed that the door remained open, but they did not erase the long stretch without a vote. The Night Watchman intended to watch how the proposals would be discussed in public; holders awaited a next step that could show whether governance was moving.