TheGrinder on Nostr: During yesterday's stream we talked some about shitcoins and memecoins in particular. ...
During yesterday's stream we talked some about shitcoins and memecoins in particular. We took a look at the newly hyped BEER token on Solana and I elaborated on how wonky the market evaluation for those tokens can be. For example, BEER is evaluated at having a market cap of $300M with only $13M in liquidity and 885.88 BILLION supply.
Today I wake up and see this
Just keep stacking sats and be happy or you'll end up being someone else's liquidity.
Published at
2024-06-13 13:09:59Event JSON
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"content": "During yesterday's stream we talked some about shitcoins and memecoins in particular. We took a look at the newly hyped BEER token on Solana and I elaborated on how wonky the market evaluation for those tokens can be. For example, BEER is evaluated at having a market cap of $300M with only $13M in liquidity and 885.88 BILLION supply.\n\nToday I wake up and see this\n https://image.nostr.build/086adfec1303abeff45221fa93548ddfe7695b7d3fa8cac8930d03645ec064c6.png\nJust keep stacking sats and be happy or you'll end up being someone else's liquidity. ",
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