Degen

useful stats from dune:
🎩 /degen is only 162 days old
🎩 /degen is one of 7 stadium tier channels
🎩 of those 7, /degen is the biggest
🎩 degen x base x farcaster isn't just a meme, it's the rank
🎩 $degen is said a lot by active accounts
🎩 /degen is growing fast

useful stats from dune:
🎩 /degen is only 162 days old
🎩 /degen is one of 7 stadium tier channels
🎩 of those 7, /degen is the biggest
🎩 degen x base x farcaster isn't just a meme, it's the rank
🎩 $degen is said a lot by active accounts
🎩 /degen is growing fast

https://dune.com/ilemi/farcaster-explorer

Need to solve the liquidity problem eventually Wake - would love to hear your thoughts :)

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

| 🎩  |  ↑  |  ⌐◨-◨

At size - I think you need substantially more liquidity to scale. The liquidity depth is likely OK to let price run up, but it will eventually also be detrimental in both directions.

As Airdrop 2 unlocks, it will be interesting to see how the current orderbook can handle an influx of tokens.

i agree. ofc i'm not the dev or in charge of the release schedule. barring unreasonable buy-hype to offset the coming airdrop2 sell-off phase, that influx of tokens will do exactly what we want them to do: distribute and consolidate. price action is volatile nonsense until Q3 imo