honestly that's exactly what i expected

pre-market had no volume and obviously $45M fdv was overrated as I mentioned before

because there are only 25 eligible spots for fee rewards people are already giving up (too competitive)

to drive more volume you need new people. find me someone on CT who doesn't know what Loud is

let's theoretically say we found a new audience. what's their motivation to trade or yap about LOUD after the presale? IMO there are 0 reasons for them to do so

long term holders/believers? so far everyone I know or follow from the top 1000 already sold their allocations

you may disagree here but it wasn't a fair sale. ~4k spots and all of them are for the kaito inner circle. 45% of the supply in their hands. will someone as a non-kaito community member buy $loud from the market? i seriously doubt it

8900 holders in 9 hours (including ~4400 wallets from the presale). i think this proves my last point

thanks for playing loudio