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Coop
@coopahtroopa.eth
Got absolutely hosed on VVV Maybe top blasting the hot new Deepseek Vorhees token was not the move. Got excited about how much support it was getting from all parties and the immediate Coinbase listing and thought this time could be different. Honestly - this is one of the reasons this whole "fair launch" (if we want to call it that) app token situation can be so dangerous. Venice is a really well built out app. They have a lot of real users. But crypto does this thing where we speed run something to far beyond what its realistic value is and the hype frenzy leaves most people feeling burned. To be fair - I have no animosity or resentment towards the team. They don't owe me anything and I got a pretty decent airdrop for holding some OG FC tokens. I think what I struggle with is this was the first Base token that felt differentiated and "premium" in some time and seeing it change tunes so fast exemplifies whats true on Solana - that these trades are really only good for the first 24-48 hours.
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@toadyhawk.eth
Same here, I think maybe the FUD around team selling, even if it wasn’t that much, made for a bad situation with 50% of the token having been airdropped to people. People will gladly hold an airdrop if vibes are good (see Degen) but if they sense bad vibes or chart is down only they’ll just dump. I think the token will survive because it’s a project with good fundamentals and Erik is goated, but will probably just be a slow grind for a bit to build an actual community around it. See what happens when attention switches back to Base assets ig
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@antaur.eth
I now only look at slow grinds post their -80%+ crash as it seems like the real alpha form an investment/trading perspective this cycle
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