Mike Dudas
the schelling point for a future successful token distribution is “does your design prevent this ...
164 days agoMike Dudasmdudas
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Investors should be highly cautious of new token distributions, especially those that allow early participants to "farm and dump" at the Token Generation Event (TGE). This practice, highlighted as a "hot potato game" for many shitcoins, indicates a high risk of significant price drops shortly after launch as early holders offload their tokens for quick profits with minimal capital risk. Prioritize token projects with robust distribution mechanisms designed to prevent such immediate large-scale selling pressure.

Ask about this postAnswers are grounded in this post's content.
Tweet
About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol