Why does this type of chart only exist on Solana… like fr tho

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

Sure this is a function of more liquidity and users. But I also wonder to what extent this kind of chart is the product of less experienced retail buyers.

If you’re using an ETH L2 you probably have a bit more experience under your belt (since the modular complexity is a higher barrier to entry) and more likely to take profit along the way.

Horticulturalist. Environmental hand wringer. Open source enthusiast.

In an ordinary distribution it’d be silly sure, but when you take say the top 20% of traders put then in their own semi-isolated market and trade against each other maybe not.

I’m sure the sophisticated users on Solana are doing quite well.

It’d be interesting to do a data analysis on volatility  across a decent sample size and compare both chains. I wonder if we have less panic selling and dumping as well.

'sophisticated users make less money' is a helluvah thesis