$DEGEN

543k+ now, another big spike. juicy tip to whoever can tell me what is driving the token spread. looked over it yesterday and didn't see any smoking guns. did happen to notice some new vesting contracts and a new multisig from degen core tho 🥃

So I did a query of new addresses since block 16448000 (~24 hours ago)
https://dune.com/queries/3880649/6525712/

A lot of new addresses (like half of them) have 0 tokens rounded up.
When I started manually going through addresses I noticed this:

https://basescan.org/txs?a=0x3566345acea28a71bea27057cf58468b71cde76e
Someone is using a smart contract to spread degen dust

The creator of this contract is @poppunkonchain

/success Syndicate member. A couple years in crypto. Studying airdrops, trading, and roundtripping. Outside of web3: game/level designer 🎮⚙️

ah yeah this is https://drop.gaslite.org/

A lot of people wind up using this to dust tokens to a bunch of addresses to inflate holders.

you can see here almost 9 million unique addresses have received tokens via gaslite drop:

ah yeah this is https://drop.gaslite.org/

A lot of people wind up using this to dust tokens to a bunch of addresses to inflate holders.

you can see here almost 9 million unique addresses have received tokens via gaslite drop: https://dune.com/poppunkonchain/gaslite-drop-base