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J Finn 🎩
@jdotfinn
Reading across here and X, and looking at the price action, I think sentiment is potentially near an all-time low for $DEGEN right now: - I believe in 🎩 for the reasons I cast about, but I am not delusional about the negative elements as well - I also think the right conditions are there for it 2 make a comeback
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dvmeg.degen.eth 🎩
@dvmeg
but what is wrong with current situation? It’s 3rd biggest market cap on Base in meme category (it’s not w full meme at all), most negative for $degen is that it could be manipulated by Binance Futures.
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J Finn 🎩
@jdotfinn
I am talking sentiment across the ecosystem, people talking about it in a positive way. Basically nobody talks about it positively, it has been abandoned by Farcaster and Base, and the price is going the wrong way while a lot of other good tokens are starting to move up.
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dvmeg.degen.eth 🎩
@dvmeg
Show my difference friend, what coins have some magic charts that are not 500k mcap clankers?
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J Finn 🎩
@jdotfinn
ya but these are “memecoins” on Base Many Farcaster coins are flying, and Degen was born here I am just reading the tea leaves, nothing has changed about my personal views on it
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dvmeg.degen.eth 🎩
@dvmeg
Last time people whined on $degen price it skyrocket to 700m 😅
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J Finn 🎩
@jdotfinn
yep but that was when the model was clear - tipping, etc so people were loyal to it right now I think many see no reason to hold between now and September (tipping is being phased out) and even then, people have no idea what the token will do in the new product just need a clearer narrative to keep people in it for the next couple months
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