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Equation News Founder Vida Exits FORM Position Amid Market Shift

Vida cites reduced investor sensitivity to meme-based speculation and limited Binance support for related projects.

Summary

Equation News founder Vida revealed the sale of their FORM holdings, pointing to diminishing market reactions to meme-driven speculation. Vida also noted Binance's limited backing for projects such as Four.meme and Aster as contributing factors.

Terms & Concepts
  • FORM: A digital asset or token associated with Four.meme, influenced by meme-based market speculation.
  • Meme Speculation: Investment activity driven by viral or humorous trends rather than intrinsic project fundamentals.
  • Binance: A leading global cryptocurrency exchange offering trading, investment, and blockchain project support.