Birdwatch Note Rating
2024-06-15 11:54:17 UTC - HELPFUL
Rated by Participant: D60A403E5D937BC77FBD6BBDFE315222F49359BC0EF72D630F3799A277FE9376
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