Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

I still remember when GRIFFAIN shot up to around 600M market cap. Wild times. The whole thing was basically riding on toly's influence—zero actual tech behind it, pure vaporware.



Looking back now, it's kind of fascinating how these meme coins can pump that hard on nothing but hype and association. Makes you wonder what really drives value in this space sometimes.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
AirdropFreedomvip
· 11-24 08:13
Well, at that time, Toly's character was indeed invincible, just relying on the name to make money. Looking back now, it's still quite crazy.
View OriginalReply0
LonelyAnchormanvip
· 11-24 08:10
To be honest, I've seen plenty of tokens that rely solely on personal branding, and they always end up in shambles.
View OriginalReply0
ForkMastervip
· 11-24 08:06
Relying solely on celebrity effects to build tall buildings will cause them to collapse with just a poke. I almost caught a falling knife back then, but later found that the contract code was as empty as air, so I withdrew, saving myself from a significant Cut Loss. Now when looking at such projects, I have to ensure they are audited first, otherwise, I’m just waiting to be Played for Suckers.
View OriginalReply0
MidnightMEVeatervip
· 11-24 08:03
Good morning, a market capitalization of 600M relies on just a mouth and the relay race of fans, this trap has been seen too many times. The real sandwich only comes into play at the moment when liquidity is exhausted.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)