Ethereum Daily ๐๏ธ
@ethereumdaily.eth
I donโt understand how TBA is determining these MCs for casts. One cast has 12 likes and is worth *$81 (not really) and another has 50 likes and comments and recasts and is apparently worthless lol I know Iโm an idiot but what am I missing?
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limone.eth ๐
@limone.eth
they are zora coins
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Ethereum Daily ๐๏ธ
@ethereumdaily.eth
Yeah I phrased this poorly. I smashed together two points + shouldโve said: - Itโs clearly not actually worth $81 because thereโs no liquidity on any of them (except for the very viral ones) so itโs not really a market - It would be better imo if it was tied to engagement in some way (donโt know how lol)
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limone.eth ๐
@limone.eth
that's the whole point, it's not tied to engagement and black box algos, but it's tied to the value the market gives to it
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Ethereum Daily ๐๏ธ
@ethereumdaily.eth
Thatโs fair. But I think the price they show is misleading since thereโs no liquidity
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