Moxie Official

hey @betashop.eth / @zeni.eth: what's the strategy here?
(assuming there is one, of course. could just be FAFO)

Wanna be the very best. Building @moxiescout. ゼニゼニ

hey @betashop.eth / @zeni.eth: what's the strategy here?
(assuming there is one, of course. could just be FAFO)

https://moxiescout.vercel.app/tokens/cid:satoshifriends

Lol just looked at the transaction history. Wtf. In most cases they are buying and selling at a loss

right. it's so regular it's gotta be intentional (or stupid. never discount stupid).

bonding curves make great, artificial honey pots. easy to do with a few accounts and a bit of capital. just have your friends buy early and hard to run up the price, promote the up-only coin, then dump as usual. No different from pool tokens except the price action is less chaotic.

If it's a honey pot, that 2.5% is basically the "marketing fee" -- without new money entering the system, if it's just a handful of users looping it through, they'll eventually lock all of their money in the curve, holding fewer and fewer fan tokens as they go.

It’s definitely intentional. Most of the buy/sell are happening within the minute. But why lmao.

I know 2.5% of the transaction goes back to the subject and 2.5% is burned but I don’t think that would outweigh the loss on the transaction? I don’t really know how bonding curves work though. Weird AF lol

Don’t say the quite part out loud sir …