Never touched this one, but lost some money on $SURGE and was massively disappointed in Virtuals recent behavior of launching “stealth tokens” and doing nothing. Short story is never touch another launchpad ever, it’s a rush to zero, onchain trading has been declining for YEARS.

Surge (SURGE)
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This was the most obvious extraction launch in a while and some of you just chose to ignore it
New launchpad gets decent volume for a week
INSTANTLY launches a presale at a $50M FDV with no backing or revenue to justify it
Raises $2M in a day (probably self injected a chunk of it)
Fast forward a couple hours all the ecosystem tokens are basically at zero
Red flags were everywhere, you just didn’t pay enough attention
I wish I never staked this dogshit bc it’s the only thing making my port look like poo. Will they ever launch anything? https://t.co/0JckXIXL1u
I still think Virtuals eco has a rebound from here. To do so, they need to focus on a) pushing their own tech (robotics or ACP) & b) being a launchpad for more legit & less amateurish projects. The market for amateurish slop is already cornered by Bankr. This is also why I’m holding a large chunk of Surge, bc they are the largest hackathon company, they have a huge pipeline of legit projects which will be launched. So not sure where Virtuals fits in, but they need to find their lane.
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