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Coop
@coopahtroopa.eth
Got absolutely hosed on VVV Maybe top blasting the hot new Deepseek Vorhees token was not the move. Got excited about how much support it was getting from all parties and the immediate Coinbase listing and thought this time could be different. Honestly - this is one of the reasons this whole "fair launch" (if we want to call it that) app token situation can be so dangerous. Venice is a really well built out app. They have a lot of real users. But crypto does this thing where we speed run something to far beyond what its realistic value is and the hype frenzy leaves most people feeling burned. To be fair - I have no animosity or resentment towards the team. They don't owe me anything and I got a pretty decent airdrop for holding some OG FC tokens. I think what I struggle with is this was the first Base token that felt differentiated and "premium" in some time and seeing it change tunes so fast exemplifies whats true on Solana - that these trades are really only good for the first 24-48 hours.
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0xen ๐ฉ
@0xen
same. it felt like something fresh and new, and i figured it had a chance to be a top 75ish coin with all the right types of backers. maybe it still does but i certainly underestimated how much it would dump so jumped in too early. welcome to the community!
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basil
@itsbasil
sold it after the listing in fear of it going the way of trump these zero-to-token approaches donโt work, you need roots or the market extracts & rotates homegrown, teased, planned rigorously, scheduled, token roadmap, proper disclosures, etc. THEN you can launch a token, once a community/base has formed, otherwise youโre just giving away free money raining a random token down on the open distracted market without any guidance will lead to the market dumping on you sentiment becomes โwtf is this? cash grab? i guess free moneyโ
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Apex777
@apex777.eth
Hello fellow top blaster ๐ซก
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๐ถ๐๐๐๐ฉ๐
@toyboy.eth
SQDGN on twitter copy traded you and I followed so we all top blasted.
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โ antaur ใ
@antaur.eth
I think this applies to pretty much any new token no matter how big or small or what chain. This is game theory playing out over and over again: we all have PTSD form last cycle when we were left holding the bag. Ergo...we speedrun everyone by taking profit and the result is the same 'meta-chart' everywhere. A decent yet resource-intensive strategy is ti only look at tokens post 80-90% crash and check whether they build sth. interesting worth believing in.
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kugusha ๐ฆ
@kugusha.eth
Tripped on this one too
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Toady Hawk
@toadyhawk.eth
Same here, I think maybe the FUD around team selling, even if it wasnโt that much, made for a bad situation with 50% of the token having been airdropped to people. People will gladly hold an airdrop if vibes are good (see Degen) but if they sense bad vibes or chart is down only theyโll just dump. I think the token will survive because itโs a project with good fundamentals and Erik is goated, but will probably just be a slow grind for a bit to build an actual community around it. See what happens when attention switches back to Base assets ig
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quantsavant.eth ๐ต
@shredgnar
canโt fade Erik after 3days. track record shows heโs playing the long game
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madlogโc
@madlog1c.eth
missed the drop bc would-be-eligible-tokens are staked dicey launch on the ethics side: https://warpcast.com/kyle/0x0707ea58 https://warpcast.com/maretus/0xc6c14aa3 but still very cool project i have been keeping an eye on the chart deciding when to bite
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div
@div
still not able to figure out what went wrong here? On paper it looked a great play (even with the initial insider FUD) Maybe too much bleed from the airdrop?
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