Dan Romero
@dwr.eth
Not financial advice It's worth pointing out that trending onchain notifications do surface things early—in some cases. This morning we sent a notification around 8:15am PT about a new coin $GHIBLIFY created by @nounishprof. We had a bunch of people complain that this notification was bad and/or meant the coin had peaked. However, hours later, a prominent celebrity on Twitter bought the asset via Bankr. And the price increased. What does this mean? - First: not every notification will keep increasing in price afterwards. Many will gown down in price! - It does mean that our algo is surfacing onchain activity that many other people on Farcaster are doing. - Additionally, we now surface additional information about coins like the creator, the date created and the cast that created it (when available) - We're going to continue iterating on these notifications—thresholds to send, what information to provide—because many people find them useful. - If they bother you, you're free to turn them off
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danny iskandar
@daniskandar
Agree with you Dan for this specific meme coin since created by a trusted leader here :), we will see, but most meme coins are zero sums game with the intention to pump and dump it. Now pls someone crucify me :)
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Dan Romero
@dwr.eth
Most of those won’t trigger the notification because of lack of social proof. And if one slips through, that will be obvious with the additional context we provide.
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