JAKE pfp
JAKE
@jake
the main risk for zora is the values going up too much too fast because then when they fall to a reasonable value, that fall is too steep to come back from, which was part of the problem for bitclout and friendtech yes BTC made some massive comebacks from seeming dead in the early days, and we all saw solana come back from a 96% crash from last cycle's high, but the larger the fall, the less likely the comeback, all else equal farcaster has avoided a big rise and fall in attention because there's no token, they've focused on a slow and deliberate growth strategy, and they're not doing things like creator coins, but growth seems to be getting harder as the lowest hanging fruit are here and so maybe they'll change that strategy, don't know there is no silver bullet here, and neither is right or wrong, just different i hope both zora and farcaster are extremely successful in the long run
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ChiefDijon pfp
ChiefDijon
@chiefdijon
325% agree with @jake 0 transactions on my creator coin since six this morning and it’s almost 4 in the afternoon and it’s up from $10 to five dollars and I haven’t claimed anything? How does $10 in tokens increase five dollars in value without having to claim more tokens at least?….
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