Nico.vibe
@n
Any professional trencher can explain the mcap differences between average SOL 💩coin vs Base? How come SOL still command a premium
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Garrett
@garrett
more whales more trenchers
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triumph-brb
@triumph
and i think that largely stems from the charts of each this cycle tons of new wealth on sol in the post-ftx recovery eth…errrrr i mean i guess it doubled if you bought the stone cold bottom?
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Garrett
@garrett
yeah true, the wealth effect of the network token has a big effect
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David
@robinson
Agreed, plus it’s just where memes started via BONK then WIF, then we got pump and also along the way a ton of airdrops to recycle into eco (Jito in particular)
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Garrett
@garrett
Yeah the jito airdrop seemed to really kick things into gear airdrops are just another version of the wealth effect
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