Twenty holders and a $1.35 sell

Correction, 16 August 2026: both numbers in this entry are wrong. A full on-chain audit of every BYKO transfer found that the twenty holders were DEX routing contracts passing tokens through in the same transaction, not people, and that the $1.35 sell never happened — there were no sells that day at all. The audit, with the reconciled figures: On-chain audit: 100 transactions, three debunked facts. The original text is left below, unedited.

BYKO now has 20 holders. Not a typo, not a rounding of 20,000 — twenty addresses.

Most of them came from small rewards handed out to real people on Farcaster. Not an airdrop campaign, no quests, no wallet-farming: just tokens sent to individuals who were actually there. A Sablier-based airdrop was considered and dropped — roughly $2 per claim to distribute something worth a fraction of a cent is its own kind of joke.

I also bought BYKO out of my own pool, from a separate wallet, to see what happens. It works exactly as arithmetic says it should: in a pool this shallow, my own money moves my own price, and the fee goes to a pool whose LP tokens will end up burned. There is no clever trade here. It's a measurement.

One more data point, from 4 August: a sell of $1.35 didn't leave a scratch on the price. That's the entire depth of this market in one sentence — and the honest answer to anyone who asks what this token is worth.