Comment by @kiril • Hey
Pointless have the worst price action I've ever seen
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Indeed, it’s because it was airdrop to all Lens profile holders on December 15th, 2023 (125089 addresses) Unfortunately, since the early distribution of Lens profile was extremely gamed & farmed, you can observe that the majority of holders are bots, which are selling every time the token is trending or with increasing volume. Atm around 10k bots sold, but imo there are many more left so it’s not over unless a migration is done (which is being discussed by the community but complex to realize in a fair way)
How?