Content
@
0 reply
18 recasts
21 reactions
basil
@itsbasil
on february 6th, the vc fund, 1confirmation, took a huge risk and bought $1M worth of degen at spot at the time, degen was a sub-$5M market cap "memecoin" on a still very small L2 chain the price at the time was $0.000541, equating to 1.85 BILLION degen 54 days later, and that $1M investment is now worth $92.5M
30 replies
5 recasts
184 reactions
Banterlytics 🎩
@banterlytics
they bought tokens on discount hence it it vested for 2 years and unlocking starts from august. and price was 0.002xxx on 6th chart from 5-7th feb
1 reply
0 recast
0 reaction
basil
@itsbasil
ahh makes sense 500 $DEGEN
1 reply
0 recast
1 reaction
Banterlytics 🎩
@banterlytics
can see nansen tweet i quoted mentions the vesting terms https://x.com/banterlytics/status/1774292035518054774?s=20
1 reply
0 recast
0 reaction
