Toady Hawk
@toadyhawk.eth
don’t look now, but $BETR is making a break for $400K 🫣 this has been your Project Coin Summer News Bulletin of the day
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Bhase Bank
@bhasebank.eth
It’s crazy the top 10 holders hold 55%. We are about to be dumped on
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Toady Hawk
@toadyhawk.eth
Sir, stop with the baseless fud. 50% of the token supply was reserved at launch for airdrops and community initiatives. This was in the original tokenomics from the beginning. 20% has already been distributed in our first two airdrops, and when the 30% clanker vault unlocked, we moved those funds into 5 separate wallets for op sec and to be held for future airdrops and community rewards/initiatives. We were very transparent about this, I published a cast and tweet outlining our reasoning and providing the new wallets, which I will link below for you. These tokens will never be sold, only distributed to community over time. And also your math is just wrong. Top holders are as follows: Uniswap: 25% (LP, doesn’t really count) 0x2214: 5% Community Wallet 1 0xea7b: 5% Community Wallet 2. 0x5c49: 5% Community Wallet 3. 0xdc69: 4.3% Community Wallet 4. Every other holder on that list has less than 3% and the top 10 excluding LP doesn’t crack 35%… the vast majority of which is safely earmarked in our community wallets. Funds are SAFU.
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