Geoff Golberg
@geoffgolberg
Despite being purchased by @jessepollak.. Based Builder dipping to $10K market cap CA: 0xf158d60673e2ad74bf23165b15ed1c46ab6b7ca6
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jesse.base.eth 🔵
@jessepollak
do you think that piece of media is worth more than $10k? how does me owning some change your assessment?
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Geoff Golberg
@geoffgolberg
I am simply observing price action after seeing the social exhaust intentfully placed by you
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jesse.base.eth 🔵
@jessepollak
might have been more accurate to say "price rose from $6.6k to $10k following increased attention across the onchain graph as a result of @jessepollak engaging" the in between up and down is just discovery :)
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Geoff Golberg
@geoffgolberg
your purchase 6 mins after deployment sent it higher than $10k in the spirit of being accurate :)
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BrixBountyFarm 🎩
@brixbounty
The 6K “base” for new Zora coins seems kinda made up since it’s single sided liquidity. So the 10K MC also is kinda um… made up. If anything this coins experiment reinforces the random valuations we attribute to things and how they get temporarily reinforced by convention (in this case dexscreener and historical methods of valuation).
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jesse.base.eth 🔵
@jessepollak
I agree, should be lower ($0?) cc @jacob
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Geoff Golberg
@geoffgolberg
Agree re: valuations being random This is the part that most interests me https://warpcast.com/geoffgolberg/0xb160b670
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