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https://warpcast.com/~/channel/confessions
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Patricia Lee
@patriciaxlee.eth
I don't fully understand what I'm looking at when I open the search page and wallet. This isn't a criticism of the team's recent updates - just a public confession of my ignorance to all of you who seem to swim through all of this like fish in water. I mostly ignore tokens here - not out of cynicism, but confusion. When I click on token pages, even popular ones like $DEGEN, I struggle to understand what the project actually is. (The bottom of the $DEGEN page says "No casts about this token yet.") After a few months on Farcaster, I feel I'm missing out on an interesting way to support interesting projects - beyond donating via Crowdfund. The terms I'm seeing blend together in my eyes: "app coins, "memecoins", "creator coins", "streamer coins" and things just called "coins." Plus "scam coins" flagged by the community. This cast is not a request for trading tips. I'm looking for your personal perspectives or reading recommendations to understand what drives this activity everyone seems so fluent in and what makes Farcaster a special place to do it. What motivates you to buy tokens here? I'm having a boomer moment and want to overcome it. Thank you.
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Johnbullmyson
@johnbullmyson
You’re actually asking the right questions. Half of what’s happening here is still people experimenting and trying to give meaning to tokens after they exist. Personally, I think most of them are just social signals for now, ways to show support, join a niche, or gamble a little on attention. It’s messy, but that’s kind of what makes it interesting.
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