A lot of people saying Jesse wasnโt wrong about social. And, a lot of people jumping on the bandwagon thanks to the success of Ansem. Both are building on the vision and thesis for Tokenized Social we spent years crafting at Zora. This is from last year, but feels relevant today.
@AvgJoesCrypto@thattallguy@jessepollak Perhaps it could be avoided if the liquidity from presale could be positioned in a way that that sets an equal floor for anyone selling at the bottom.
@AvgJoesCrypto@thattallguy@jessepollak One issue with a presale is snipers can race to dump after the presale period.
You could address this by unlocking presale coins over a period of time but it starts to get overly complex.
@dev0xx_@zora@tulipking@0xWives The thick liquidity on this coin is due to large trade volume.
On every trade, 1% goes back to the LP - this deepens the liquidity over time. The more volume on a coin - the thicker the liquidity.