Birdwatch Note Rating
2024-06-16 00:30:44 UTC - NOT_HELPFUL
Rated by Participant: A0D3DA4D8F7009DDD71767A7F3B5DEE845BDC8096F8403C34E3180447747CBC8
Participant Details
Original Note:
This is incorrect. Although the tokens that Tate has burnt may have a market value of $110M, the low liquidity of the token means they cannot be sold for anywhere near that amount. Attempting to sell the tokens would result in a significant price impact. https://docs.raydium.io/raydium/traders/trade-and-swap
All Note Details