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ATH+0.71%
ETH+3.55%
That’s a lot of millions spent for a crypto card. Most projects in Neobank narrative have higher mcaps, with nothing close to that volume. > Lead investor is Y Combinator in a $4.3M round > with participation of Coinbase Ventures, Balajis, and SamsungNext
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Game
Was digging into Neobank metrics across projects today - came across one that’s been flying under the radar. Everyone seems to have forgotten about it, but the numbers for October speak for themselves. Let’s see.
Most supply at launch was airdrop based; think more than 50% and not a ton of liquidity yet; I think because they knew airdrop would be jeeted Chart has a nice bottom now, and breaking out, so airdrop supply should be clear by now Bad PA at launch so everyone forgot about it but given investors and stats this should clear ATH imo
to add: • founder is former engineer of coinbase and amazon • GSR as MM (not your avg. shitcoin). Given this + backers (coinbase ventures, bajalis) chances of listings are high When Y Combinator leads a round you pay attention.
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