A few memecoins created via Net Bot on discord have done significant volume

But the overwhelming majority seem to be launched, never shared on socials, creator doesn’t ape, and they do no volume

This presents an interesting conundrum 🤔

NFA

Protocol Engineer @ OpenSea. Creator of Net + the Together Collective NFT studio. Nothing I say/share is financial advice. netprotocol.app

True Life: I’m addicted to clankers, especially runnerdickbuttfwog 

/shitcasters

Spot on

The hard part with (2) is I control the wallet paying the fees for deployment of these memecoins and so any farming there is farming from me 🪦

I think this is a combination of 2 things. 

1. People just launching a token assuming people will just buy it because it exists and think they don’t have to do anything.

2. People and/or bots launching them for the sole purpose of farming fees

what dish tastes like your past? /salty /fufu | seemore.tv/frdysk • https://rc.xyz/frdysk | Framedl Prestige

While this may be true for many memecoins, we’ve seen a number of memecoins created via Net (either thru the website, email, or discord) that have seen significant volume when just the original creator shared them

And in those cases often the creator had <200 followers

Even if shared, only when the tokens are bought by well known figures like Jesse and Vitalik or driven by KOLs, at least in farcaster, then there's volume, otherwise it's all in limbo or dumped