TGE data breakdown on $GOOD token

Dec 05, 2023

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

covering

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

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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

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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