TGE data breakdown on @goodentrylabs the $GOOD token
+ my bias bullish personal thought
Short thread on why m i bullish + launch token data in collab with 🧑🍳🥩🤌 fren @GoodData_BadGuy
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covering
Data on their TGE
Why i like Good entry
Full disclosure I am bias as I am bullish on it + sponsored by good entry
I only work with good protocols that I would invest/speculate into myself into & freedom to write my thoughts
P.S im a fan of @DeFi_Made_Here
I hope I have provide you joy, alpha and value throughout my 182 post since Jan2023.
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Previous thread on good entry here
📍 TGE Data
They public around had 161 participant in public around with 1745 holders, shows active speculators on $good
Holders distribution is healthy,
( shrimps holder 0-1k USD worth holding )
73% of number of holders are holding approx 250k of tokens
( dolphin 1 - 100k USD worth holding)
25% of number of holder are holding approx 5m of the tokens
( Whales 100k USD worth holding)
10 holders are holding approx 3.6m of the tokens
( with approx 1.6m of them are contracts )
Currently 18% of circulating supplly is staked into esGOOD
( 120 days to unlock, early unlock will cause penalty )
You can find some $GOOD bulls from this dune
filter the dune table by total buy & check their currently holding
Top bull spent over 60k USDC buying over 1.5m number of tokens
You can also find the most aggressive profit takers & their current holdings here.
*i would keep track of these wallets as its common to take profit or initial investment from TGE
📍Why I like them
Unique product compare to other perps
No liquidation perp, differentiation with other perps
Protected perp is ideal for current volatile market
Imagine ur leverage long got liquidated over a few aggresive candles in yesterday pump
Degen mode is coming
STIP grant from @arbitrum
200k free money to continue to boost the ecosyste with KYC checked by arbitrum dao
Perp rotation is coming back
( see @vertex_protocol , @HoldstationW )
Touching on LPDfi narrative
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