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https://warpcast.com/~/channel/borodutch
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borodutch
@farcasteradmin.eth
99.998% of memecoins look like this, and it is perfectly fine first, if the person has chances their wallet is looked at, the snipers pick up the coin (and compete among other snipers) then, the snipers dump (some win, most lose) then, there's an uptick to 10%-80% of ath; this is either late retail or snipers trying to extract more by pumping then, there's race to 0 this is the norm on the market right now, and as a retail memecoin enjoyoor you should expect this for most of the memecoins it only takes one though for generational wealth
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Elliott Alexander
@escottalexander
I’m not a trench warrior so idk what mechanisms are out there in token launchers but it seems like you could enforce that only X% of a coin can be sold over a certain time period (day/week) then add some sort of lottery on top of that. This would take away snipers skill advantage.
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borodutch
@farcasteradmin.eth
not possible for most of the token launchers
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Elliott Alexander
@escottalexander
Do you mean you can’t launch a token like that with current launchers? Or that it’s not possible at all. I was suggesting a new launcher since there aren’t enough yet. 😂
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borodutch
@farcasteradmin.eth
definitely possible, but not with the popular launchers also, if you limit sale in *any* way, community will call you a rugger it's the spirit of the times now
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Elliott Alexander
@escottalexander
Agreed that the sell limit is the biggest downside and doesn’t fit with the vibe of memecoins. Just wish there was a way to stop the snipers.
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