Maxim pfp
Maxim
@spikelov
Ambassadorial Burj Khalifa When a project like $aleo kicks off its crypto journey with 1.4% of circulating supply and an initial FDV of $5B, then skyrockets to a $10.5B market cap in just a week, it's charting a trajectory straight to the top of the Burj Khalifa! Interestingly, ambassador tokens—like investor tokens in $Eigen—weren’t locked by a vesting contract but only by an agreement between the project and ambassadors, ensuring no sales would occur for one year. The inflationary pressure on $aleo in the first month alone hit 100% of the circulating supply and continues at 22M tokens per month ($65M). Meanwhile, the Coinbase quest for 75M tokens (valued at $500M at its peak) remains undistributed. The market maker certainly tested everyone’s patience, charging shorters a 0.15% fee every 8 hours. But for those who held out—patience was rewarded. Bring on the next $10B projects—DSC is ready for more shorts! 🚀
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