people make a little money and it turns into complete pvp. a new token daily exacerbates this. people move from one token to the next trying to catch the pump. few win many will lose. refocusing on the coins with a solid base that have been here for months. Bags are packed $TYBG $HIGHER $TN100x $DOGINME $DEGEN

clanker proved valuable, delivering base a pump.fun moment that brought essential liquidity & attention, attracting both traders & AI enthusiasts

but this momentum wasn't sustainable

the tech-focused users had another frame moment, checking back to fc again, only to get drowned in token talk & churn 

tourist traders who came for the pump have already returned to solana, as the coordinated movements of base became systematic 

without sufficient liquidity & sustained retail presence, traders know they can’t complete here without insider knowledge

and while lum & anon saw few deserved winners, facing coordinated movements here makes little sense when sol memes offer daily 10x’s on distributed tokens

as evidenced with lum sitting at 1/3 of its peak & higher fumbling 5 straight red days down to its resistance, any new liquidity here has once again dried up 

that said, it’s time to return to builder-focused coins

after all, this is base

I don’t want to be a downer but I think folks here are overestimating the relative craziness of token mania on Farcaster vs elsewhere

A token on Twitter went from 0 to $400m in a day, I don’t think they’re going to be coming here bc of $anon :/

summoning mmo /animarising | 0xbasil.twitter