Actually not sure MOXIE has what it takes to beat DEGEN...The demand of MOXIE nearly totally coming from auction participants will only lead to lower and lower auctions, and therefore lower and lower Moxie demand, since they started out with the 'BIG' Farcaster accounts. Makes no sense. They should have done it more spread out with mostly small accounts and a couple big accounts, not ALL big accounts from the get-go.
GL MOXIE bagholders.

Been playing the game of crypto since 2014; Angel investor;
My free Discord to discuss crypto with megabrains: https://discord.gg/NhJHTKcQBP

It is indeed a sad memecoin w/ a pointless L3 and devs who are more or less in over their heads. BUT they have simple tokenomics and a tweakable emissions system and their value accrual will go up with Farcaster users. 
Moxie meanwhile will have very poor value accrual tokenomics unless the devs do something to tweak the whole fly wheel from the base level of demand. 
I notice you didn't touch at all on how I said Moxie's basically used up its prime auction demand-drivers by having huge accounts' auctions from the get-go.

And I actually sold way more yesterday at +40% higher than here but my sells were moving the market too much and I felt sorry for ya'll so didn't want to unload the last million...but then I saw that it didn't matter because the value accrual system of this flawed design had killed price today (and it will continue to do so). So I said f it and sold the rest. We'll see what happens 3, 6, 12 months out bro.

Here have $30 on me for replying
9000 $DEGEN

Degen is a sad meme no one cares about.  The “layer 3” let’s add a hot thing at the moment flash in the pan tells you everything you need to know.   Doomed imho.  Moxie has real programmers.  Real excitement from a programming community to build around it.  They raised a decent amount of money so they have a run way…. Here’s my tip:  dump that meme without a cause and buy moxie.  And also who the F tries to nuke by market selling over a million moxie at the lows.  50 IQ bro

Moxie capitalizes on far more of Farcaster’s overall network than Degen. 

The team is well capitalized, the project has been extremely well executed, and it has very obviously brought back the vibes to Farcaster. 

I’m a Degen bull. I believe in its future as well. 

I don’t think this is as 0 sum as you’re making it. 🤷‍♂️

Thanks for the cheap Moxie.