liuzeqqing
@liuzeqqing
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One of the reasons that volume and price are clanker’s data points of choice is that they are the most expensive metrics to juice. Similarly, funded wallets has a cost - we can look at the data and see how many of these wallets have activity, which are connected, which may be related to ‘farming’ vs authentic users.
I think this will be the #1 metric to look for as an indication of Farcaster’s growth over the rest of the year
More wallets transacting more frequently, with greater USD value will indicate growth
And for Farcaster native projects like clanker, it’s a beautiful thing to see. Giving coins social context, making memes and content where you already post memes and content is based.
The social graph is powerful, imagine if you could just own yours - carry it around with ya, build on it no matter where you want to bring users…
Would be bullish, might be the most bullish thing on the evm to be frank.
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Ethereum’s bearish trend is grinding on—nearing the lows from FTX’s collapse. Back on November 6, 2022, when FTX’s bank run started, ETH was at $1,500; by bankruptcy day, November 11, it hit $1,070. Now, at $1,796 (April 8, 2025, 4:10 AM PDT), it’s down 45% this Q1—echoing that 28% crash. X posts note it’s testing $1,700-$1,800 support; some see $1,500 or even $1,000 if stocks keep sliding. 0 reply
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Ethereum’s bearish trend is grinding on—nearing the lows from FTX’s collapse. Back on November 6, 2022, when FTX’s bank run started, ETH was at $1,500; by bankruptcy day, November 11, it hit $1,070. Now, at $1,796 (April 8, 2025, 4:10 AM PDT), it’s down 45% this Q1—echoing that 28% crash. X posts note it’s testing $1,700-$1,800 support; some see $1,500 or even $1,000 if stocks keep sliding. 0 reply
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