Company Update
PEARL token faces bearish fundamentals despite AI mining model
Analyst argues PEARL’s proof‑of‑useful‑work and AI‑linked mining are innovative but fundamentals are weak. Highlights include 85% supply inflation over the next year, daily issuance of ~$2.2M versus market cap ~$768M, and lack of token demand as AI customers pay in USD. Notes recent price rise 8× since August low and Coinbase adding PEARL to its roadmap, but stresses inflation and insufficient security budget as key risks.