Content
@
https://warpcast.com/~/channel/higher
0 reply
0 recast
0 reaction
jihad ↑
@jihad
Would a mass re-distribution of $Higher from whales to new wallets or active community members increase or decrease the price in the medium term?
9 replies
0 recast
15 reactions
JR ↑
@juli
Hm Are whales waiting for an Exit Pump? Or will they hold Till 500m+? I don’t See much Engagement from whales, that’s why I’d say offering the stakes to good contributors could be high value add - especially when unlocked Based on Performance/price options. Higher could definitely Need some products and I‘d be up to Chip in to get great builders to focus on this full-time
1 reply
0 recast
0 reaction
jihad ↑
@jihad
Every whale is different. But precedent tells us they won't just dump if the token pumps – they would've done that a long time ago. I am becoming less convinced that quality products or art will spark any price action right now. We need a catalyst in volume, and then the projects can sustain that, but they won't spark it per se. If that were the case, $higher wouldn't be a low volume token to begin with.
1 reply
0 recast
1 reaction
JR ↑
@juli
I agree with catalyst in volume &or activity - which can come in various forms (hodlers start trading, community uses $higher more, You Need $higher for xyz, expectation of ambitious project/good news to drive value to $higher) Memes, Art can help grow attention &or help sustain higher volumes when you get it for good Price Action or good products but just posting them doesn’t have effect on Price today. > IMO ignoring the token is the worst we can do (& mostly differentiate farcaster projects from normal crypto twitter projects) Hence, there should be a token strategy: Most meme Communities simply bull post & Talk to exchanges to get more Distribution (fair game). Higher can do more incl Building products; initiatives (incl Token demand) but should not forget the traditional ways. In fact, if you have a strong holder base, solid contributors, sometimes you really „just“ need to add one stakeholder group such as exchanges, influencers to bring in more investor money which will enable more builders..
0 reply
0 recast
0 reaction
