Green Forest 🌲 on Telegram: “GM GF I was thinking about pvp and OGs.. You may…”

GM GF

I was thinking about pvp and OGs.. You may have noticed that quite a few tokens were launched on topblast or uranus itself as pvp to existing ones. I would like to look at this issue from several angles


1. From the community that formed around the old token

Most likely, this is not very nice in relation to the community and holders, especially if the community is quite active. If the community is dead and just waiting for new liquidity to sell their bags, then why not, it's their fault that they lose pvp. Let someone try to launch UTYA pvp? haha

Speaking of CAT20. There was an old token at 5k, community not active. Then someone launches pvp, that's a different story. But a new one has active and fresh community, will it work out? Who knows. What to do? Probably be ready for any outcome. Had to buy a new one


2. Launchpads perspective

For launchpads ofc this activity is beneficial. More launches mean more discussions, more trading volume, more users and more attention, more fees. Even unsuccessful pvps generate content, memes and drama, which are an important part of the memecoin market


3. In terms of ecosystem development, attracting attention and activity

Yes, new coins attract new liquidity, potentially that can turn into a runner. Pvp launches also create competition. The old token either proves that it still has a community, developers and ideas, or it gives way to a new team that is willing to work harder. In some sense, the market itself decides which community is alive and stronger


4. Relaunch as a solution

There's also this option, don't forget, you can do everything fairly and beautifully. Yes, some liquidity will be lost as well as some holders, but if you have the opportunity to attract new volume and take advantage of the benefits offered by new launchpads, pools, etc. Usually it can be done if the team has supply control

My personal opinion about these new 1% fees pools when dev/team can use funds generated by trading - that's awesome, they don't have to sell their bags to get some funds for coin development.