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The @Yellow launch is so annoying and exactly what the ripple:native community didn’t need. The product looks cool, I actually met some of the seed investors in singapore about 3 years ago and they talked to me about it then. They were very excited. But then they’ve launched awfully. Something that could’ve created some buzz has achieved the opposite. If someone launched a meme coin same way I wouldn’t touch it with a barge pole. 98% of the supply held by the launching entity with open limit sell orders already placed on the market and constant sells into any volume? I know early investors will want to realise their capital at some point but this is a sure fire way to 0 overtime. I bought some ethereum:0x236eb848c95b231299b4aa9f56c73d6893462720 yesterday and I’m trying to work out why. Maybe I’m deluded but I want it to work, but even since last night it just seems to continue to look worse. It’s not even about price action it’s about the action of the entity behind it. I don’t understand why anyone would launch that way. Even if you were trying to just max extract, it’s an awful way to do that too. It makes no sense to me. Then they’re trying to bring the community in by saying if you hold certain tokens / NFTs you get 0% trading fees for 30 days or some crap? Should’ve been an airdrop FOR SURE if you wanted participation with the on chain sells you’re executing. I honestly do wonder what goes through people’s heads. But I guess I’m the idiot who wanted it to be good and whilst I exist they can and will extract.

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