Glorb

This afternoon, a project called $Glorb was launched, which caused a lot of drama. Let's sort out what happened:

1. When it was launched at 1 pm (UTC+8), the x community established by the original Glorb team had only five people, three of whom were CZ, Heyi and the official Fourmeme team, all of whom were real account.

2. After the Fourmeme market was full, the original Glorb team dev sell, all of which were thrown to the market, make the price close to zero, and there was no CTO at this time. The narrative that only members were CZ, Heyi and Fourmeme was gradually discovered and recognized by the market throughout the afternoon, and the market cap was once pushed to $1m.

3. When the market cap was close to $1m, the original Glorb team chose to issue three new CAs one after another because they had no og Glorb tokens, causing the og CA dump hard, but people did not recognize and buy any their new CAs.

4. The market gradually returned to calm and rational. At this time, CTO gradually built up and had new telegram and Twitter, and the community culture gradually formed.

5. The market once again found that there was only one X community with official members of CZ, Heyi and Fourmeme (and there is a key point that assumes that Fourmeme CZ Heyi’s permissions were stolen, which can only be said to be too coincidental. In the similar incident of Elon Musk on Solana, only Musk’s permissions were stolen), and Glorb’s meme image was very simple, and secondary creation is very easy, and it could even be done better. Community members have already made multiple new memes based on Glorb.

6. Wait for the next reaction of the market, or the response from the official Binance team. But in any case, this IP has gone through twists and turns, the narrative has been full, and it has stepped on the pits all the way, and it seems that there is nothing can rug us community again.

$Glorb 0x22d66f8389c6e2eb2774976c7a9091ba0e504444