I see lots of base projects blowing up but how is @ampsfun still 100k mcap????

One reason is the contract was just exploited. Another is it’s a Zora coin. A third is you pay for recasts and people don’t understand them. 

What do they even do?!

You can also set your recast price, I set mine to about 1.5 usdc and I think I’ve received about 70 usdc since Phil launched 
People use it to promote their casts.

It’s why I don’t hold any. I used the product once. Paid for recasts. Was confused. 

DID get interactions from the people I paid. But not sure if the post I was trying to promote got any extra traction.

Good reasons tbh
I just remembered they got hacked recently 
Sad stuff