TLDR
END's launch sparked mixed reactions—initial excitement about gaming utility and VC backing clashes with post-listing volatility (-51.9% in 24h) and concerns about tokenomics.
- Bullish: Gaming integration with Treeverse and $6.25M VC funding
- Bearish: Immediate -51.9% price drop post-trading launch
- Neutral: Cautious optimism about Immutable zkEVM bridge utility
Deep Dive
1. Sentiment Overview
Sentiment split sharply after END’s 7 July 2025 trading debut:
- Initial hype: Pre-launch buzz focused on Treeverse gaming integration (Endless Clouds Foundation) and $6.25M VC backing.
- Post-launch skepticism: Price crashed -51.9% within 24h of trading going live, with $1.18M volume suggesting heavy sell pressure from airdrop claimants.
- Guarded optimism: Some praise for cross-chain flexibility (ETH L1/Immutable zkEVM) and planned cosmetic NFT burns to reduce supply.
2. Key Discussion Themes
- Token utility: END’s role as in-game currency for Treeverse cosmetics/features dominates discussions, though skeptics question demand sustainability until Q3’s Season 2 launch (CoinLineUp).
- Airdrop dynamics: 2.7675% supply distributed to early players/NFT holders raised concerns about concentrated sell pressure—mirrored in the 582% volume spike.
- Chain strategy: Launching on Ethereum L1 with Immutable zkEVM bridging drew praise for balancing security and scalability, though gas fees remain a friction point.
3. Influential Perspectives
- Endless Clouds Foundation: Emphasized long-term roadmap, including Axelar-powered cross-chain bridging (announcement).
- GameFi analysts: Note END’s success hinges on Treeverse user growth—a risk given the -51.9% price drop could deter new players.
Conclusion
END faces a credibility test after its rocky debut, with gaming adoption and token sinks needing to offset weak initial price action. Will Treeverse Season 2’s demand drivers materialize before sell pressure exhausts buyer interest?