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SHILL Issue 66

Solana ecosystem magazine.

Solana ecosystem magazine.

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@guild512

Sentiment towards Degen Town gets increasingly bearish as reports

of shady insider activity spread

Since Degen Town got hacked, it has been all downhill for the project. The lack of

communication backfired severely on them, and even in a time of uncertainty, the

project has chosen to keep its information tight to its chest, with little known

about the future of the project.

Pscarlyle claimed in another direct message that 0xlerk and NFTRamo had made off

with 80% of the mint funds, which added more fear and confusion to the entire situation.

It was claimed by pscarlyle that 0xlerk and NFTRamo had a controlling stake

in the project, and he was just “used” to hide the fact that NFTRamo was a founder

of the project.

As it stands, the project has 2 official accounts, @0xlerk which was 0xlerk’s original

account-cum-pseudo-project account due to their inability to reclaim the original

Twitter account, and @DegentownNFTs, which is followed by Magic Eden.

The new Degen Town Twitter account hosted a short space yesterday, where a morse

code was played, and it translated to “Degens will never die” according to some in

the reply section.

8

SHILL Issue #66

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