Yuga Labs co-founder: Has sold some Fartcoin, but still one of the top ten holders

2024-12-21 18:09:03

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ChainCatcher news, Yuga Labs co-founder Wylie Arnow posted on social media, "Those who mocked Fartcoin during this round of the market are now gloating over its pullback as the overall market declines, as if this proves their skepticism was correct. But for me, this reaction is precisely a signal of its dominance.

In the historic market of 2021, every pullback of BAYC was accompanied by similar 'I told you so' remarks, only to spark disbelief when it surged again. Fartcoin attracts attention in both bull and bear markets, indicating that it remains the focal point of the broader narrative around financial nihilism, a narrative that (in my view) will not disappear.

I sold some to recoup my investment and took profits on a portion at around $1 billion market cap in several other wallets. Other than that, I am still holding and remain one of the top ten holders. Maybe I’m wrong? I’m often wrong. But in any case, I’m having a lot of fun. Also, if my Fartcoin posts annoy you, I apologize. Trading is something I can easily handle when I'm unwell, and Fartcoin is very interesting to me right now."

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