Any professional trencher can explain the mcap differences between average SOL 💩coin vs Base? 

How come SOL still command a premium

Founder far.quest & vibechain.com, @wieldlabs.eth. Investing miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

Stay Curious // iixii // Head of Crypto at https://www.lazertechnologies.com/  // Prev: CoinDesk, Roc Nation // based @basedevo

and i think that largely stems from the charts of each this cycle

tons of new wealth on sol in the post-ftx recovery

eth…errrrr i mean i guess it doubled if you bought the stone cold bottom?

extremely blessed highly favored always grateful

yeah true, the wealth effect of the network token has a big effect

Yeah the jito airdrop seemed to really kick things into gear

airdrops are just another version of the wealth effect

Agreed, plus it’s just where memes started via BONK then WIF, then we got pump and also along the way a ton of airdrops to recycle into eco (Jito in particular)