@everett_dca and 1 other$MONTRA, a new launchpad on Elysium, is drawing attention after dominating volume, launches, and fees by far during testnet . Everett notes the $MONTRA token was hijacked by someone holding ~10% of supply and lays out possible team responses: ignore it and keep shipping updates, pause buybacks and burns to build a war chest to absorb future sells, or negotiate an OTC purchase (the holder reportedly wants 1m+); he is hodling his own supply for now .
No buys via this post yet- 1.
Everett was here@everett_dca If you're Montra, what do you do here? You have the clear number one Elysium launchpad, but the token was hijacked by someone with ~10% supply who will die to prove a point. This is all I could think of for how the Montra team can respond 1. Straight up ignore and keep shipping updates 2. Pause buybacks and burns (not sure you can even do this) and build a war chest to deploy and eat whatever sell #1 holder makes in the future 3. Negotiate with the guy and buy supply OTC. Sounds like he wants 1m+ ABSOLUTE CINEMA. But wtf do I do with my supply? Hodling for now. - 2.
haku@hakuand_ noticing new launchpad $MONTRA on new chain Elyisum during testnet, this launchpad dominated volume, launches, and fees by far now if the team is able to replicate a similar success for the mainnet, well, it's going to be a question of how high will it be priced in? but first, it needs to reclaim 4.3m range and higher to start the run up..