Discover and read the best of Twitter Threads about #bootswap
Most recents (2)
Some days have gone by since the #BOOTSWAP event from @WhiteWhaleTerra has ended.
I think it is time to make a retrospective analysis of how it went. Ready?
Let me show you 🧵👇
I think it is time to make a retrospective analysis of how it went. Ready?
Let me show you 🧵👇
N° users: 7215
When was their first interaction?
- Almost 300 users have bid right at the start, at an average price of $0.96
- The second wave happened after 9 hours. This was triggered by the price dropping below $0.20 and the buying pressure raised the average price to $0.32
When was their first interaction?
- Almost 300 users have bid right at the start, at an average price of $0.96
- The second wave happened after 9 hours. This was triggered by the price dropping below $0.20 and the buying pressure raised the average price to $0.32
What about the n° of tx over time?
- Peak/hr: ~1100
- Compared to the chart of new users, we can see a couple of more spikes, such as around 8:00 of the 14/12. This is a spike matches with the time when the price fell below $0.14
- Peak/hr: ~1100
- Compared to the chart of new users, we can see a couple of more spikes, such as around 8:00 of the 14/12. This is a spike matches with the time when the price fell below $0.14
1./ @WhiteWhaleTerra is going to use a new way of launching their token; #BOOTSWAP.
Let me explain to you why they use it, how it works and how you can be prepared for their token launch. 🧵
Let me explain to you why they use it, how it works and how you can be prepared for their token launch. 🧵
2./ We have seen quite a few token launches on the Terra network now and unfortunately, many of them were not perfect. Two major problems have been noticed by @WhiteWhaleTerra:
3./ The first one is too low liquidity which causes a huge price pump at the launch. Nice for the insiders but if you want to have a satisfied community this is not the way to go. The second problem is bots sniping all the liquidity which causes the same issue.
