Highlight Clip: Arthur Hayes: High-FDV Shitcoins Can’t Even Pump on Binance Anymore Arthur Hayes: High-FDV Shitcoins Can’t Even Pump on Binance Anymore Flop Labs CEO Arthur Hayes said in an October 16 interview with LukeMartin that the entire crypto industry has abused…
kenomics. From ICOs to VC private sales and presales, some projects raise funds supposedly to build products, only to dump tokens after launching protocols and unlocking allocations
Retail investors buying at TGE suffer heavy losses, sometimes watching token prices plunge 95%. Hayes argued that retail investors increasingly see through the high-FDV, low-float model, saying such tokens “can’t even pump on Binance anymore.” He favors projects like Hyperliquid, which have genuine product-market fit, return revenue to token holders, and avoid massive sell pressure from presold token unlocks. — link