JAKE
@jake
is this right? $490M in farcaster connected wallets but only ~$2.2M held of DEGEN, BNKR, CLANKER, HIGHER each (on average)? less than 2,000 farcasters holding clanker/bnkr? only 4 farcaster-first tokens in top 25? source (via @emptyblock): https://dune.com/queries/4709277/7834361?blockchain_filter_e15077=%27base%27
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Nate Maddrey
@nmadd
Yeah that’s right. Keep in mind BNKR is down to like a $14M market cap, so $2.3M is actually a decent chunk. CLANKER mc has dropped quite a lot too A lot of DEGEN is staked, and staked coins aren’t reflected in these totals, so the DEGEN total is likely underreported Also keep in mind that a lot of people connect some of their wallets but not all, so there are likely Farcaster users who are holding more of these tokens in other addresses that aren’t connected to Farcaster. Zoomer and MAGA look like spammy tokens, I’ll filter those out. Dune occasionally has bad pricing data that needs to be corrected. And most of the others in the top 10 are variations of ETH or stablecoins
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