Content pfp
Content
@
0 reply
18 recasts
21 reactions

Thomas pfp
Thomas
@aviationdoctor.eth
Once the current utility from free tipping disappears with the final airdrop, is there a genuine long term bull case for $DEGEN? What will prevent it from decaying into irrelevance like the thousands of meme coins before it? Looking for serious replies, not $DEGEN to $1 memes.
14 replies
0 recast
28 reactions

Thomas pfp
Thomas
@aviationdoctor.eth
And before someone says “network effect” or “Lindy”, Farcaster has been around for nearly three years and $DEGEN for just over three months. $DEGEN isn’t Farcaster’s native and official token, and its current moat (free tipping) can be easily replicated by the next meme coin.
1 reply
0 recast
4 reactions

Juli đŸŽ©â†‘ pfp
Juli đŸŽ©â†‘
@juli
true that current positioning isn’t set in stone & may be disrupted. With some tweaks by Farcaster clients; Eth, Usdc + User-fav token may be used for tipping. That said, other memes offer tipping too, widespread social acceptance is not easy to replicate & Farcaster clients, apps, users benefit from $degen more.
0 reply
0 recast
0 reaction