the reality is that there are ~5,000 people actively trading in the fc eco, compared to hundreds of thousands of people trading on base & soon to be millions
moreover, only a fraction of those trading on fc, can stomach their wallet swinging violently by 5 figures each day & be ok with it
that’s simply a lot of money & they’ve seen time & time again how this show plays out, so they’re gonna take profits where they can
look no further than our holders bases, compared to non-fc coins or even sol coins… it’s not even comparable
so while the rest of base catches rotations from sol or hype or what have you, we simply dump on each other as there is no new liquidity entering our ecosystem
either way alts are gonna trade off when eth is down 7%, that’s just how these things work
but what i don’t get is the complete discount of headwinds, namely improving fc tech & daus, plus the red sweep & cb lobby
long story short, if daus don’t improve we’re all fucked, but that’s what we signed up for 6 replies
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