proxy studio

Category: thought dump on founder's token. 
Tags: $purp, $degen

Notes: witnessed @purp 's token hit $1.2 Mcap within few hours of the launch. Assuming it was purely farcaster users aping in, it consolidates my belief about the ecosystem. $purp might have a strong run/utility down the line - but as of now its a.. 

1/2

onchain explorer. player /purple /tokyowip /openventures more @ 314yush.xyz

it's a founder's token - people aping in either for (1) being bullish about @purp and trust in building $degen (2) to earn a quick buck.

but these can be used as hooks to attract people on to DL3. These tiny seeming funnels often end up making the difference

time to set up onboarding for DL3, summer here i come.

Spot on. Plenty of people that bought mere minutes after the launch of the LP have exited. With plenty of profits. Good for them. Also, plenty of well respected people here have aped in as well, most likely for being bullish on @purp. Good for them as well.