[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  ETH_APPLE🇰🇷 [@eth_apple](/creator/twitter/eth_apple) on x 188.8K followers Created: 2025-02-16 07:42:59 UTC Making waves or another catstrophic tsunami? @opensea's $SEA is arriving sooner than expected. The price of OS Gemesis is currently XXXX ETH, marking an XX% surge from yesterday. But one critical question remains: We’ve seen this play out before... ❌ $BLUR went Blah... ❌ $ME nearly collapsed... Why? Because these tokens were merely "appreciation rewards"—not for everyday users, but for farmers who strategically accumulated bidding points. I simply cannot believe OS is taking the exact same approach but with XP points on making offers and listing near floor for points. Take $BLUR, for example. While profitable for some, it also disrupted the NFT market, with so-called "bid farmers" manipulating valuations by outbidding each other and artificially driving down the prices of legitimate collections for personal gain. Now, let’s be clear—farmers play a role in Web3, just like everyday users. But the problem arises when they become the primary beneficiaries, simply because they have the capital and time to exploit incentive structures. There’s a saying in Korean: "A nation that forgets how it was built has no future." If @openseafdn loses sight of what made OpenSea what it is today—real users who genuinely enjoy using the platform—then $SEA's long-term value could be at risk post-airdrop. Bullish on $SEA? Nope. Will I change my mind? I really hope I do, but not yet.  XXXXXX engagements  **Related Topics** [$me](/topic/$me) [surge](/topic/surge) [gemesis](/topic/gemesis) [os](/topic/os) [$sea](/topic/$sea) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [$blur](/topic/$blur) [Post Link](https://x.com/eth_apple/status/1891030500770533812)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
ETH_APPLE🇰🇷 @eth_apple on x 188.8K followers
Created: 2025-02-16 07:42:59 UTC
Making waves or another catstrophic tsunami?
@opensea's $SEA is arriving sooner than expected.
The price of OS Gemesis is currently XXXX ETH, marking an XX% surge from yesterday.
But one critical question remains:
We’ve seen this play out before... ❌ $BLUR went Blah... ❌ $ME nearly collapsed...
Why?
Because these tokens were merely "appreciation rewards"—not for everyday users, but for farmers who strategically accumulated bidding points.
I simply cannot believe OS is taking the exact same approach but with XP points on making offers and listing near floor for points.
Take $BLUR, for example. While profitable for some, it also disrupted the NFT market, with so-called "bid farmers" manipulating valuations by outbidding each other and artificially driving down the prices of legitimate collections for personal gain.
Now, let’s be clear—farmers play a role in Web3, just like everyday users. But the problem arises when they become the primary beneficiaries, simply because they have the capital and time to exploit incentive structures.
There’s a saying in Korean:
"A nation that forgets how it was built has no future."
If @openseafdn loses sight of what made OpenSea what it is today—real users who genuinely enjoy using the platform—then $SEA's long-term value could be at risk post-airdrop.
Bullish on $SEA? Nope.
Will I change my mind? I really hope I do, but not yet.
XXXXXX engagements
Related Topics $me surge gemesis os $sea ethereum coins layer 1 $blur