Ethereum Daily 🗞️ pfp
Ethereum Daily 🗞️
@ethereumdaily.eth
I don’t understand how TBA is determining these MCs for casts. One cast has 12 likes and is worth *$81 (not really) and another has 50 likes and comments and recasts and is apparently worthless lol I know I’m an idiot but what am I missing?
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0 recast
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J. Valeska 🦊🎩🫂 pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
market
1 reply
0 recast
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Ethereum Daily 🗞️ pfp
Ethereum Daily 🗞️
@ethereumdaily.eth
I get that but the prices they show is very misleading since there’s no liquidity. Anyone coming from outside of crypto will expect to have $81 if they see that on their app. And they just won’t. Runs the risk of yet another rug pull for newcomers in crypto
1 reply
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J. Valeska 🦊🎩🫂 pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
your point is right, the values of balances are not accurate and people may think rug or fees are the cause of getting less than expected I think the post was displaying market cap (now they aren't for me) and the real creator holdings are the 1% of that value being displayed (plus the liquidity thing) it confused me first time but it is not a big deal when you know what is happening, agree that newcomers may need a small tooltip explaining liquidity or something about the accuracy
1 reply
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1 reaction