There appears to be a glass ceiling on all base tokens at 50MM. 

Can devs do something?

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Yeah pretty much agreed. I think there’s still a significant lack of liquidity on Base too, which makes it difficult for anything to really break thru. Solana degens have excessive liquidity from the massive upside SOL has seen recently. We haven’t seen a liquidity event like that on ETH yet this cycle.

Counter example = $DEGEN

As the cost of creating tokens goes to zero more tokens get created.

As more tokens get created attention becomes increasingly scarce.

The more scarce attention becomes, the harder it is for anything to break through.

Find the Lindy memes and prepare for everything else to go to zero.

Would love to see it. Still shaved some off my position just in case we see a harsh rejection. Buying more if we see that. Comfy either way.

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