Stephan pfp
Stephan
@stephancill
Kinda feels like people need more reasons than just a meme (unless it’s something truly novel or super viral) to buy a token these days. So almost all tokens tokens with no background or greater intention for people to buy into just go to 0 soon after they launch. Larry forces you to make an effort to convince a few people to buy in for it to launch and I think that’s a bar that’s too high for most people on farcaster rn and I don’t think that’s a bad thing Going forward I think we’ll see the reemergence of whitepapers and ICO-type fundraises except with more interesting mechanics than 7 years ago
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Nick T pfp
Nick T
@nt
I think volume coming from DexScreener and similar tools is underpriced. We think it's all FC attention that's pumping clankers, but I think it could be people watching new pairs on DexScreener
1 reply
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Stephan pfp
Stephan
@stephancill
Yeah but those people have no reason to hold the token once it starts dumping
2 replies
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2 reactions