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Cartographer ๐ŸŽฉ pfp
Cartographer ๐ŸŽฉ
@cartographer
This is one example of a successful initial liquidity pool from a founding team. This Uni v3 LP position was the 1st weth/degen pool created 25 days ago by the same wallet that created the $degen token contract. It pooled 2 $weth ($4.6K) & 5.5B $degen and has since lost $5.5M to IL thanks to the $degen token's growth.
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Cartographer ๐ŸŽฉ pfp
Cartographer ๐ŸŽฉ
@cartographer
The initial deposit of 2 $weth has turned into 71. โ€จAnd the initial deposit of 5.5B $degen has turned into 154M. The founding team rightfully lost millions to IL so that the communityโ€™s token price could grow exponentially. The initial 5.5B of $degen pooled represented ~15% of the total supply of 36.96B.
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Taye ๐ŸŽฉ๐Ÿ”ต ๐Ÿ‘ฝโ›๏ธ pfp
Taye ๐ŸŽฉ๐Ÿ”ต ๐Ÿ‘ฝโ›๏ธ
@casedup
5B whoooa
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grant ๐ŸŒˆ ๐ŸŽฉ ๐Ÿธ pfp
grant ๐ŸŒˆ ๐ŸŽฉ ๐Ÿธ
@grunt.eth
Making that pool without telling us and letting it get sniped by farmers on Base thoโ€ฆ
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BrixBountyFarm ๐ŸŽฉ pfp
BrixBountyFarm ๐ŸŽฉ
@brixbounty
Agreed, and hopefully with LP rewards the folks supplying the pool will be okay as price of $degen continues to appreciate. 1140 $Degen.
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Uniqueobject ๐ŸŽฉ pfp
Uniqueobject ๐ŸŽฉ
@uniqueobject
500000 $DEGEN
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Kyle ๐Ÿ–๐Ÿฆ„๐Ÿน pfp
Kyle ๐Ÿ–๐Ÿฆ„๐Ÿน
@kylrich
690 $degen
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Z pfp
Z
@zeee
I love this analysist 500 $DEGEN
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jimbo.base.eth ๐ŸŽฉ pfp
jimbo.base.eth ๐ŸŽฉ
@jimbocity
Thanks for the analysis. Very enlightening. 300 $DEGEN
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Miss Polygon ๐ŸŽฉ  pfp
Miss Polygon ๐ŸŽฉ
@0xsachi
200 $DEGEN
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eatenbyplants ๐ŸŽฉ pfp
eatenbyplants ๐ŸŽฉ
@eatenbyplants.eth
500 $degen
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Bruno๐ŸŽฉ pfp
Bruno๐ŸŽฉ
@missbruno
300 $DEGEN
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Bruno๐ŸŽฉ pfp
Bruno๐ŸŽฉ
@missbruno
300 $DEGEN
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Bruno๐ŸŽฉ pfp
Bruno๐ŸŽฉ
@missbruno
650 $degen
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