🚨 Flare trenches update
In my opinion
@BugoFLR and
@fcatflare are currently the only established tokens
They managed to build an active community and kept them interested while bugo is the old guard and the fact somehow the new shiny thing
They both got mentioned from Hugo and definitely worth it to hold em both if you are building up a flare meme portfolio
If the market takes off I think there’s no way around them
With the
@ignisdotfun projects got a way for quick and clean launches. I like to see a good amount of projects launching and trying to gather attention but here we have to talk about expectations.
It’s one thing to be early but this doesn’t mean you are making huge profits and not every launch can have a run like fcat a few weeks ago.
The amount of users and liquidity is limited and after 2/3 days from launch people started to dump on each other.
Not every launch is a success and neither is every trade. I would advice to dig around and see what you like and vibe with.
Position yourself accordingly, spread the word and try to onboard new people. Not to dump on them or using them as exit liquidity but to grow the whole space.
Your profits will likely come further down the road - remember this is a marathon rather than a sprint.
With
$Tally only one token migrated so far and they struggled to keep the attention after, which tells me that all the launches are somehow in the same position.
The project who can provide the most value, the best art, the funniest memes, the best community, etc will succeed at the end and so far the race just started.
I personally spread my funds across several projects. Holding a bag at the sideline to be able to react quickly if needed.
Hope that helped a few people
Also feel free to give your opinion on the current market situation in the comments :)
Would love to have a conversation about that.