@andreapn.eth

Many people ask why $ROBO, the first Titan of Virtuals, was promoted as a big project but launched with only a $1.6M market cap after TGE. At the LP stage, they added $500K VIRTUAL + $500K ROBO, so liquidity looked solid. But trading volume was only around $1M, much lower than some smaller projects that launched before. That's because $ROBO is a cross chain project. They opened liquidity pools on multiple chains. On @base.base.eth, it was paired with $VIRTUAL. Because liquidity was split across different chains, each chain only had around $1M to $1.5M LP. That made the on chain volume look smaller. On top of that, they listed on Binance Alpha, Binance Futures, and full spot on major CEX like Coinbase and Kraken. So most of the real trading volume happened on CEX, not on chain. In short, liquidity was divided across chains, and volume was concentrated on centralized exchanges. https://x.com/AndreaPN/status/2027304690703323218

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