JAKE
@jake
one of the interesting things about $30 to me is that it sort of has the fleeting nature of memecoin relevance explicitly baked in 30% of the supply is airdropped to the top 30 holders after 30 days and then there’s nothing else expected after that so it basically feels like an end date but, that end date is 1 month after launch whereas a typical memecoin might go through its rise and fall within its first day or two, so the time of relevance is prolonged to take place over a month I would have guessed that most of the activity would have probably occurred near the beginning and the “end” but the market cap has actually been above its day 1 ATH on 4 days in the last 2 weeks, including today, so that’s been somewhat surprising it’s like a 1 month game in which it would seem that the token most likely crashes after 30 days but what the next 2 weeks might look like is harder to predict, especially as it gets closer to the 30 day mark eventually it should crash and burn sometime soon after the 30 day mark, right? that would seem overwhelmingly likely, but I guess you never know more generally I am interested in the fundamental idea that the fleeting nature of attention could be more baked into how people interact with tokens, rather than the default expectation that all value should persist, when almost none of it does
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alphabetas 🔵🎩
@alphabetas
Huh. That's true, didn't think about the aspect of it showing the lifecycle of a memecoin in such an obvious way. Interesting!
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