@dwr
Not financial advice
It's worth pointing out that trending onchain notifications do surface things early—in some cases.
This morning we sent a notification around 8:15am PT about a new coin $GHIBLIFY created by @nounishprof.
We had a bunch of people complain that this notification was bad and/or meant the coin had peaked.
However, hours later, a prominent celebrity on Twitter bought the asset via Bankr. And the price increased.
What does this mean?
- First: not every notification will keep increasing in price afterwards. Many will gown down in price!
- It does mean that our algo is surfacing onchain activity that many other people on Farcaster are doing.
- Additionally, we now surface additional information about coins like the creator, the date created and the cast that created it (when available)
- We're going to continue iterating on these notifications—thresholds to send, what information to provide—because many people find them useful.
- If they bother you, you're free to turn them off