Category: Pain
Tokens: $DEGEN, $HIGHER, $BUILD, $TN100x
Notes: Our tokens are down bad. Tipping tokens across the board have taken serious hits, but pretty much any asset in the Farcaster ecosystem you want to talk about is down, regardless of distribution of supply, between 70-85% from highs. Curious to hear peoples thoughts: What brings a bid?

My naive thought is that Farcaster will create their own token one day and will eliminate demand for most Farcaster-based tokens.

But that's more of a long-term thing opposed to why they're down now. On that, I have no idea ;)

Game Designer at @game7 | building /delegati | Onchain Game Design & Research: paragraph.xyz/@chasesommer.eth

I don't think that will happen personally 

our tokens are down because farcaster people continue to sell them and no new people are buying them

I hope that changes!

I also wouldn’t see a US based company messing with a token with other big challenges to overcome, specially with a big VC funding on their hands that gives them plenty of fuel to build worry free for a long time. 

Btw, VC money in the equation might mean a no no for tokens anyways.

rumours of a FC token still hurt stuff like degen because people trading on the degen as FC currency thesis trade back to eth or whatever