tbh i think our view on echo protocol launch might be a bit off
itâs very hard for a not popular / not high rev product to pull high FDV and large airdrop in any ecosystem
if you look at @fragmetric - similar $300m tvl, much bigger raise ($12m) + SOLANA ecosystem (that usually doing much better in terms of airdrops/tges), still got 75m FDV and a ton of people mad
some even âstopped being bullish on solana airdropsâ after that one
so echo outcome not that unexpected
what actually bothers me: they only added 10k apt liquidity on dexes
30% growth past 24h - but whatâs the point if you canât buy without 1.5% slippage?
iâm not bridging to bsc just to get some exposure to an aptos ecosystem token
feels like either not enough ECHO went into LPs or too little APT paired
whatever the reason - dump 30% back down, fill the LPs, then you can pump :)
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