Farcaster's Seven-Month Fall: The Tape Doesn't Lie, But the Narrative Might
I got the DM at 2 AM. 'Farcaster is done. Looking for a buyer.' Seven months...
Block reward reduced to 3.125 BTC
Block reward halving event
Team and early investor shares released
Improves data availability sampling efficiency
92 million ARB released
Raises validator limit and account abstraction
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$79,588.2 |
| 1 |
Ethereum
ETH
|
$2,454.07 |
| 1 |
Solana
SOL
|
$102.27 |
| 1 |
BNB Chain
BNB
|
$746.6 |
| 1 |
XRP Ledger
XRP
|
$1.4 |
| 1 |
Dogecoin
DOGE
|
$0.0856 |
| 1 |
Cardano
ADA
|
$0.2127 |
| 1 |
Avalanche
AVAX
|
$7.47 |
| 1 |
Polkadot
DOT
|
$0.8988 |
| 1 |
Chainlink
LINK
|
$11.73 |
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I got the DM at 2 AM. 'Farcaster is done. Looking for a buyer.' Seven months...
Greed
Market Sentiment