alex
@proxystudio.eth
zinger, wake, basil are some of a few fc users that seem to really build and stand by long term positions as traders think that farcaster is on average more dump-y than the twitter trenches, not sure what explains that or if its even a reality (could just be my perception)
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yerbearserker.base.eth 🧉🎯
@yerbearserker
It's def dumpy rn. I think it's the overall climate that is leading to the very very mercenary activity around tokens onchain around these parts. Feels like many people with smaller funds looking to overextend in super speculative ways looking to get homeruns, who will very quickly take profit/take out loss, and try to find the next greenest pasture. Can see that fast/major rotation between asset types (Clankers > Virtuals > etc), and how that fast move in/out is currently bypassing a lot of the more mid-longer term building elements. I think that, until there's more onboarding with fresh users and fresh funds, the behaviour is likely to continue in terms of the audience that is allocating the funds
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yerbearserker.base.eth 🧉🎯
@yerbearserker
aka... Chasers gonna chase 😉
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