"wait wasn’t $SEI pushing their Telegram games super hard?
did none of their 100 employees realize this was going to happen?
looks like a year of building is out the window for their development folks."
"$SEI had the most organic community in Web3.
for some reason, the team decided to change it into an airdrop farming community.
still baffling to me.
i made a post warning against this last June & got dunked on by team members & the midfluencers farming the fund.
"
"$SEI bears are getting liquidated.
in the past 48h, over $550k worth of short positions were liquidated on $SEI
its funding rates also sharply decreased to .0516%
translation: traders are beginning to bet on $SEI again "
"$SEI is down 36% YTD
$SUI is up 516% YTD
sad for $SEI who had big mindshare to start 2024.
I applied to be their ‘Meme Growth Overlord’ in Jan 2024. never heard back
instead, they gave $10M thru a ‘creator’ fund farmed by midfluencers with no real social capital."