
$CHIP isn't a bad product. The signal for the community via buybacks is great. @MCGlive quoted a rumored $50M ARR number. I don't know if that's true but its impressive if true. In any case, unclear how much revenue they retain, no onchain contract to verify it. My big concern remains the big cliff unlock in February that adds ~90% of current circulating supply to the float. what then? that would be ~$65M at current prices or something similar. Would you want to be exit liquidity then? Wait it out. I think this is a great post. CHIP folders aren't malicious, I don't think that at all. But tokenomics matter too.
