Degen

i'd like to discuss $DEGEN's price action:

with a 37b max supply and 12.3b circulating, 4% airdrop in 2 days means 1.5b tokens, CMIIW

if only 100m of these are sold, that's a 21.5% slippage, even more potential impact on the price

despite my love for $DEGEN, i wonder if this model is sustainable long-term. thoughts?

There is no infinite airdrops. In the 3 months, we've established ourselves as the main Farcaster coin, got listed on several Cexes, several promising partnerships, developed an L3, multiple Uniswap forks, multiple projects in the pipeline. And that's before a major CeX.

We'll be fine.

Crypto enthusiast, ethics, movies and photography.

Founder of /gentlemanswagers

as i said i'm proud witnessing $DEGEN's success almost since the beginning

tokenomics are saying there will be airdrops til 2028. there sure will be reduction in each phase of them, but still concerned about price actions of future airdrop openings

i think you have valid concerns tbh i share them too