🪤Timeline ($PLAY's Fall)

THE LAUNCH

• Feb 28, 2024: $PLAY is deployed to STX Mainnet with a total supply of 10 billion tokens.

• Feb 28, 2024: 5 Billion $PLAY sent to ALEX GO to establish initial $PLAY Liquidity Pool

• Feb 28, 2024: 1 Billion $PLAY sent to ALEX GO for initial farming rewards

• Feb 28, 2024: 4 Billion $PLAY kept in Treasury (tokens are still in the deploy wallet)

• Mar 01, 2024: $PLAY's swap officially opens at ALEX GO

• Mar 04, 2024: $PLAY's peaks at $1.8 million market cap (chart)

THE AIRDROPS

$PLAY was airdropped to the following Communities:

• Welsh Corgi Coin ($WELSH)

• Honey Badgers BTC (First original 10k inscribed on Bitcoin)

• Pixel Coin Holders (Meme Coin Launched by Megapont)

• Akadiko Finance

• STX20 Inscription Protocol

• Bitcoin Monkeys (OG NFT Collection on STX)

THE FALL

• iFOMOd a well known STX OG identifies a Wallet that is selling a HUGE amount of $PLAY & $FAST and bridging it to ETH. Posts findings to Twitter.

• Reubs, the founder of $LEO the Cat finds the culprit behind the Dump

• An initial $PLAY team member, "Stacksmaker", sold a significant position, withdrawing +$180k liquidity from the Meme Token's pools.

• At the time of the dump the ETH wallet held +$180k (View ETH Address).

• The sell-off caused a cascade effect of FUD triggering a huge price drop.

• Confidence in the project began to wane.

AMA - WHAT IS NEXT

• Immediately after the dump news hit the market $PLAY held an AMA

• Listen to the X Spaces AMA recording here.

• IceArc.btc steps up as team leader and adds liquidity to the ALEX Pool

• New airdrops, Poker Events and others are held, looking to revive momentum

THE NAIL IN THE COFFIN - ALEX's HACK

• ALEX GO suffers a massive security breach loosing +$4.3 million from liquidity pools

• Read Post from ALEX

• Read about the hack at Business Insider Article

• Read about the attack at Cointelegraph

• June 11, 2024 AlexGO reopens $PLAY pool

• All $PLAY team members, except for IceArc.btc & Brick.btc, leave the project, project falls in disarray.

• The market cap of $PLAY has drops to about $79k reflecting the uncertainty surrounding the project.

NOVEMBER 2024: "Is PLAY Dead?"

• ALEX GO the leading Bitcoin Dex in STX announces "Surge Approval", a campaign to build stronger LPs for Memecoins.

• IceArt.btc meets with ALEX to understand the strategy behind the surge & launches the revival campaign: “Is PLAY Dead?”, launched to reignite interest in the project.