borodutch

imagine precoin.fun/itchy/phil getting sniped just to sell just to see the belief go back up again

that's because precoins belief is based on a concrete future event (launching a clanker), and not on any "utility" that "some" memecoins promise but never deliver

you don't expect the price of precoin to go up (it's a memecoin), you do expect it to convert into clanker later

you don't extract value from precoin, you benefit from the clanker

cto @ bwl.gg, 100M+ users (bdut.ch) 🙏 $eggs is life

1 of a billion users coming Onchain
$TOSHI

hm depending on the size of txns before it could be very important being the first. what if each snipe used 1% of eth in pool for gas/bribe. also, is there any other precoins that went live via a clanker to point towards to for analysis?