Wish $STABLE went to $0 ASAP:
- Pre-deposited by insiders before public announcement
- Basically all insider token allocation (VCs, team, pre-deposits, and even majority of airdrops)
- No community building whatsoever. No public ICOs anything.
- Useless L1: No innovation, just fees in USDT (no $STABLE burn/deflation).
- Try reading their docs: same-old gibberish. Lists Ethereum's recently launched EIP-7702 among their big features.
- Stable CEO @mehler, with 2.2k followers on X, because no one cares what he has to say (tbh, nothing).
- BTW, the original Stable CEO and creator, Joshua Harding, announced the Seed sale in July and then became an advisor. Brian Mehler took over, but there were no big announcements.
- Plasma 2.0 playbook: Copycat hype, same inevitable bleed.
- Seed announced July 2025 → mainnet/TGE in 5 months. Built for quick exit.
- Same dumping Binance listing on TGE: How much did they pay? Who knows... But tokens surely came from 'ecosystem & community' bucket.
I'm so tired, boss.