Mindshare doesn't affect buy pressure, and why?
many of audience huge hopes on mindshare, making the project its best version because it is popular
but lol, has anyone tracked the price pattern of projects that were the top?
why is their price lower than projects nobody has heard of, and yes, i have an explanation
but let’s start with examples:
> @stayloudio
one of the most hyped marketing experiments, captured the entire CT
at ATH its MC was $7M, now $445K, -93% from ATH in just a month
> @MagicNewton
a fairly popular project, did solid distribution rewards for yappers
at ATH its MC was $163M, now $72.3M, -55% from ATH in a week
> @humafinance
also quite often was at the top in mindshare, distributed not bad rewards
at ATH its MC was $192.7M, now 57.3M, -70% in 30-45 days
my explanation:
mindshare is built on the fact that everyone wants to get an airdrop for free
without investing a penny, without creating any revenue from the product
hence the question, where do they have the ability to support the chart?
the audience is simply not interested in these projects, they are farming because they do it for kaito
not because they like these projects, or they are really interested in them
therefore if you see projects at the top, it doesn’t mean they will be mega successful
it’s important to look at their utility, long-term perspective, funding, team
many KOLs now share bad products, simply because of farming mindshare
and everyone eats it up, although the product really has no chance of life
that’s the sad truth and the consequences of the infofi era, unfortunately

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