degen chad 🎩🤫Ⓜ️
@degen-chad
I was wrong 1/2 A few nights ago I fired off calling a meme a rug and called out some big accounts for promoting it. I didn’t name them specifically in that cast, so I won’t do it here either. But you know who you are and you have my apology. Good game, and good luck with the meme. I’m honestly happy to say that I was wrong. I casted instinctively rather than doing any DD as I just didn’t want to see people getting hurt. I heard that the liquidity was unlocked, minter unrenounced, wallet clusters, etc. I wasn’t aware of who launched it, and 99% of the time, these setups get rugged. I’ll repeat, I’m happy to say I was wrong and I’ll try to do more verification if a similar situation arises. Having said this. It’s still not somewhere I would choose to put my money. If you missed what you thought was a good entry from my cast, I apologize for that as well. Don’t follow my advice on memes. What I can say is that I haven’t made 7 figures in crypto from memes as it’s not my game.
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degen chad 🎩🤫Ⓜ️
@degen-chad
2/2 I’ve had more success by investing in high fundamental/high utility, innovative projects with active development teams. I’m not trading all of my Moxie for a meme. I’m choosing to parlay it into Fan Tokens as they are currently yielding high triple digit APR and giving the added utility of increased Far Score. I know it’s the safer choice, and not a pure degen play, but that is just how I operate. Could there have been potential for synergy, yes, of course. But really only if it was a more pro moxie project, and I feel it was launched as the opposite of that. The part I take issue with is the mantra of sell all of your Moxie to buy the meme. I think it’s divisive, creates more tribalism on Farcaster and we really don’t need that. They are your earnings, you can do what you choose to do with them.
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Harry 💎🎩🍖Ⓜ️↑
@proharry
I agree with your opinion about Fan Tokens and APR it's 100% true it's much more profitable then most of the memes ATM and big guns like you aren't willing to sell their moxie is really good for Moxie to grow more
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