Collector Crypt (CARDS)

@Collector_Crypt @okx Extremely abnormal volume on $CARDS on OKX, with more than $300M in volume and the third most traded coin on the CEX in the last 24 hours.

For comparison, according to @CoinMarketCap, $CARDS did a total of $5.25M in volume on July 5 across all DEXs and CEXs.

300M vs. 5.25M https://t.co/1Rb1nxEJnu

I see the "cup"

just waiting on the "handle" https://t.co/8d8FsljLOl

the tokens vs equity arguments going around have been interesting, I appreciate that the space is, in some ways, moving towards real value/ownership/etc... vs vapor

it's also a bullish argument I've brought up in the past around $cards, but it will take time to pan out. some screenshots below

as a summary - under 2% equity held by non-team for regulatory reasons. no pre-seed vc equity. team is treating the token like equity even though it legally isn't currently, but will be moving towards that with regulatory clarity. this isn't a new thing, they've said it for quite a while

it can be tough to trust any team in crypto, but they've executed well so far and been consistent and transparent in their messaging around this