This is a real problem for the ecosystem. Talented builders are watching this and walking away.
Base leadership needs to pay attention to this. You have retail losing money and developers getting burned at the same time. That’s a compounding reputation problem and in this space, one bad story requires 5 good ones to undo. People always remember the bad.
People chase money, when there's a runner and it's a meme, people dump their utility coin and chase meme. That's why SOL will never become a utility chain, look at $OPENHUMAN at SOL and BASE, the runner is the one on BASE because people associated utility with Base chain, and it also happen on memecoin look at every viral meme the runner is always on SOL, not BASE even if there is same ticker on BASE
You'd rather lose money fast than make money slow
You know this is true because you do it every single day
You skip the coin that's been building for weeks because it's "boring"
Then you ape into something that launched 3 minutes ago and watch it go to zero
You had the winner right in front of you and chose the lottery ticket instead
I usually very sceptical with meme that has a leader that control the supply and give out supply to KOL, the only meme I know that has a lead that success is $WHITEWHALE ath 200M and $UNC ath 25M. Some meme that follow whitewhale and unc doesn't even holding for even 6 hours, all of them goes to 0.
But, seeing the new concept by @KyleBands1 with $PAIN,that he gives supply to everyone based on holding and top blasting not just because of he is a KOL, I think it's a cool concept and it's very fair to all holders. Prove yourself and you'll be rewarded.
The price right now is on consolidating phase, from 0.0006 to 0.0007. If he success create true community that can hold, and he and his community control the supply, higher chances $PAIN will be succeed.
PS: I have a position
I usually very sceptical with meme that has a leader that control the supply and give out supply to KOL, the only meme I know that has a lead that success is $WHITEWHALE ath 200M and $UNC ath 25M. Some meme that follow whitewhale and unc doesn't even holding for even 6 hours, all of them goes to 0.
But, seeing the new concept by @KyleBands1 with $PAIN,that he gives supply to everyone based on holding and top blasting not just because of he is a KOL, I think it's a cool concept and it's very fair to all holders. Prove yourself and you'll be rewarded.
The price right now is on consolidating phase, from 0.0006 to 0.0007. If he success create true community that can hold, and he and his community control the supply, higher chances $PAIN will be succeed.
PS: I have a position
I’ve got 15+ DMs from solid sized KOLs asking about a $PAIN airdrop.
I’m not just blindly handing out coins. We’re in phase 1 testing, where I make sure loyal folks and real diamond hand chads get airdropped small amounts first.
I’m watching the market to gauge sentiment around the coin, and so far the feedback has been very positive. Will a few jeet (logjam)? Yeah. But right now we’re sitting at about 75% of airdrops holding strong.
While I’m still talking with folks on the best path forward, I’m using all fees to gobble up supply. Once/if we cross 500K, the big airdrops kick in. And I mean big. We get fomo verification and a moonshot listing, which will be easy.
I sense an army brewing. Loyalty will be repaid.