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Ok y‘all we need a bottom on this thing,
a real bottom w/ a strong bounce to signal it.
Petitioning @proxystudio.eth to commit to 10% buybacks.
Stats:
- Clanker got $17m in fees in ~2mo
- That‘s over $100m annualy
- As a tech startup, it would be valued at ~$1.5bn
- Yet mcap of $CLANKER is $27m
Why?
👉 Because its a memecoin 👈
Despite generating $17m w/ >50% profit margin, @proxystudio.eth is "not rushing to make the market (bagholding side of the community) happy" 🥲
https://x.com/_proxystudio/status/1880310101786948004
Instead, talking to VCs?
https://x.com/_proxystudio/status/1883087261514043868
Optics are you got $10m of profit, no buybacks or attempts at making the token useful and plan on raising an equity round
Asked about this multiple times, never got a response.
Instead, endless stream of memecoin-shilling & teases on how people will "regret selling"
$37 at the time, now $27 & -82% from ATH. Yes the whole market took a downturn, but some bounced, some didn‘t.
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