Dan Romero
@dwr.eth
Can someone help me understand 10K PFP tokens? Who is buying?
36 replies
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chaim.eth
@chaim.eth
top projects of last cycle’s meta (nfts) moving their brand equity into this cycle’s meta (memecoins) buyers are aplenty, initially: “if some random shitcoin can go up surely this big crypto-native brand can make a coin go up”
2 replies
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Dan Romero
@dwr.eth
right but what happens when coin go down how does it go back up?
5 replies
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Jey Ⓜ️
@jeyloo.eth
In PFP projects, the token itself doesn’t hold much value; rather, it’s the community and the utility behind it that make it valuable. If the token has a strong community and valuable utility, it will definitely experience an upward price trend again.
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