Gwynne Michele
@thecurioushermit
I haven't been making very much Moxie at all lately. Because it's based on engagement, and I've been swamped with schoolwork and other projects the last couple weeks. I'd locked almost all the fan tokens I'd purchased right before the big adjustments to Moxie distribution meant my lower engagement caused an even bigger hit to my Moxie earning pace. So I hadn't really paid attention to the price of Moxie. Ouchies. What's driving the drop? Anyone know? Glad I'm not holding a lot of Moxie at the moment other than what's locked in fan tokens. But is the dip something Moxie can overcome? Maybe worth buying a bit?
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Catch0x22
@catch0x22.eth
you must be very far removed from the drama ๐ you're doing fc right then i would suggest use @buoy to search around farcaster for what people are saying, there's a decent amount of bearish sentiment. mainly stemming from rewards slowing down for the next phase
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Gwynne Michele
@thecurioushermit
Yeah, I've been way out of the loop lmfao
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Kristin Piljay ใ
@kristinpiljay
ah, ok. Yeah, I was on vacation, so I am out of the loop, but the vibe felt much different than when I left (10/10) and my portfolio of FTs has much less growth than before. It's kind of like what happened to degen too. Everyone loves "free" money and gets all excited about it, but then if the flow is stifled to preserve the token, many will leave and move onto the next thing if their only reason to be here was to make a lot of money. In the end, it isn't really "free" money as all it takes your time and time is money.
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