Degen

i'd like to discuss $DEGEN's price action:

with a 37b max supply and 12.3b circulating, 4% airdrop in 2 days means 1.5b tokens, CMIIW

if only 100m of these are sold, that's a 21.5% slippage, even more potential impact on the price

despite my love for $DEGEN, i wonder if this model is sustainable long-term. thoughts?

Crypto enthusiast, ethics, movies and photography.

Founder of /gentlemanswagers

as i said i'm proud witnessing $DEGEN's success almost since the beginning

tokenomics are saying there will be airdrops til 2028. there sure will be reduction in each phase of them, but still concerned about price actions of future airdrop openings

There is no infinite airdrops. In the 3 months, we've established ourselves as the main Farcaster coin, got listed on several Cexes, several promising partnerships, developed an L3, multiple Uniswap forks, multiple projects in the pipeline. And that's before a major CeX.

We'll be fine.

BSc Economics
MA Financial Economics 
ongoing 
MSc Financial Mathematics and MBA

Farcaster OG ↑↑↑
NGO Volunteer ↑↑↑ Ping Network Social Lead ↑↑↑ Warpcast Growth Advisor ↑↑↑ Any of my casts are not financial advices

oh didn't knew about it, just did quick maths.

still a big amount tho. curious about next epochs' airdrop amounts

born higher, but as you said, there is no harm discussing

50 $degen

not sure why farcaster eco is so bullish on everything 

doesn’t hurt to tell the truth sometimes, share the same thoughts on this model being unsustainable 

200 $degen