Degen

didn't enter this at all, but can someone explain why the network state coin is nuking all of a sudden

building @revealcam | previously @perl, cofounder SBLY.com, eng at Stripe | alum South Park Commons | peter-kim.com

Thats called rugpull by @balajis.eth 
He kept 1 coin for 10hours than suddenly decided to be clown.

Nah he does, which is prob why he started ripping all of these. He actively wants this coin to *not* be viewed as a serious Network State token

Launching a bunch of other coins just makes it part of a reading list, much more casual

ouch, Balaji not in the trenches so doesn't understand liquidity fracture :/

$hamster /hamster 
martinvr.eth 
deploy.degen.eth

😅 base is for everyone had a nice bounce

Could happen to any creator on any platform though, what if Beeple clanked and then made a clanker daily for a month after that. Probably a similar outcome I’d imagine: initial clank tanks

congrats! yeah does not instill confidence in the trenches when things nuke like this

up to the platforms to try to discourage liquidity fracture as much as possible imo

I still 40x’d but sad state of affairs for the trenches