The “100 Men vs Gorilla” game on Steam has sparked an interesting analogy in the crypto world, namely “100 Degens vs 1 Gorilla Whale”. Here’s an introduction to it:
The Analogy Origin
The “100 Men vs Gorilla” game involves 100 men challenging a gorilla in an arena. In the crypto space, this has been likened to the situation where 100 “degens” (a slang term in the crypto community referring to aggressive, risk – taking investors) take on a “gorilla whale” (a large and powerful crypto holder or entity).
The Meaning of the Analogy
Easy Mode: It is said that easy mode can be played on the Solana blockchain with any low – cap meme coin. Here, the “whale” is the developer, and 100 degens can easily move the price of the coin within minutes, which implies that in the context of low – cap meme coins, a relatively small group of investors can have a significant impact on the market price.
Hard Mode: Hard mode is on any coin or token across the crypto ecosystem with a market cap above a few million. In this case, it’s much more difficult for 100 degens to influence the market as larger – cap coins are more stable and less affected by the actions of a small group of investors.
True Hardcore Permadeath Mode: The ultimate challenge is battling against Bitcoin, which is regarded as the “end boss” of the crypto industry. Given Bitcoin’s large market cap and significant influence, it represents a formidable and ongoing challenge for any group of investors, highlighting the dominance and stability of Bitcoin in the crypto market.
The Top 100 Bitcoin Wallets
The top 100 Bitcoin wallets control 14% of the total BTC supply, which means that a small number of large holders have a significant amount of influence in the Bitcoin market. This is analogous to the “gorilla whale” having the power to significantly impact the market, much like a real – life gorilla is powerful and can have a major impact in a physical confrontation.
The DAO – Powered Anti – Whale Brawl
The crypto community has responded by organizing a DAO (Decentralized Autonomous Organization) to see if 100 traders can “beat” a whale. However, it’s noted that in reality, it’s often the case that only a few individuals and a governance bot are actively involved in such efforts, while the whale remains relatively unperturbed, suggesting that challenging the power of large crypto holders is no easy task.
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