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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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basil
@itsbasil
sold it after the listing in fear of it going the way of trump these zero-to-token approaches don’t 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 you’re 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 “wtf is this? cash grab? i guess free money”
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max ↑🎩
@baseddesigner.eth
exactly but it's not free money, outsiders pay for it getting hooked up on announcement
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