There's this token project built around an actual Santa Claus character from Lapland. The team released footage showing Santa backing their charity initiative. Within hours of launch, they distributed roughly 2.5k in creator incentives—approximately 200 rewards handed out. Yet the market cap hasn't broken the 1M threshold. Makes you wonder what trajectory this takes if attention shifts its way. The charitable angle combined with that kind of early creator engagement usually signals something, but the valuation staying compressed is the interesting part here.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
NFTFreezer
· 12-02 04:39
The Santa Claus coin is quite interesting this time, a combination of charity and creator incentives, but it's a bit strange that the market capitalization hasn't risen.
View OriginalReply0
Degentleman
· 12-02 00:11
Santa Claus promoting products? Sure, this trap sounds quite new.
View OriginalReply0
LiquidityHunter
· 12-02 00:11
Wait, $2.5k spread across 200 wallets, averaging 12.5u each? What about the liquidity depth data... not breaking a million in market capitalization is actually an opportunity.
View OriginalReply0
SignatureLiquidator
· 12-02 00:01
Santa Claus coin? This thing's charitable gimmick is real, but a 1M market cap is indeed frustrating.
View OriginalReply0
MetaverseVagabond
· 12-01 23:53
This operation with Santa coin is really amazing, spending 2.5k to smash 200 gift coins for creators, and the result is only a market capitalization of about a million? This is what they call "fattening before slaughtering" haha.
There's this token project built around an actual Santa Claus character from Lapland. The team released footage showing Santa backing their charity initiative. Within hours of launch, they distributed roughly 2.5k in creator incentives—approximately 200 rewards handed out. Yet the market cap hasn't broken the 1M threshold. Makes you wonder what trajectory this takes if attention shifts its way. The charitable angle combined with that kind of early creator engagement usually signals something, but the valuation staying compressed is the interesting part here.