Degen

It’s interesting to see farcaster coins only get bid by farcaster users and many Base coins being completely missed by this user base.

For example, $checkr gets 300-500 unique buyers from farcaster within 1 day. (In this case it makes sense because it’s very farcaster specific). I assume $higher also has mainly farcaster holders but could attract a much wider target audience.

Base memes go to 5M before the first farcaster (public wallets) buy-in or they go later-on to 50M and only a few Farcaster profit.

Some Farcaster-launched coins make the jump to Twitter and are well-rewarded for it like $degen $lum or $bankr.

Imagine what’s possible if we combine the social power from Farcaster (coordination, collabs, chat, updates) with the financial ecosystem power of Base, Optimism, Arbitrum, Ethereum.