Buyers are mostly whales that I assume have some insider info and accumulate a good amount of the supply. Wallets with 0 transactions on Arbitrum buying total 10-20k worth of $smol
Sellers are old holders finding exit liquidity and taking profits.
Pros: - The dev (@cryptoreumd) is a Doctor of Medicine and active in Virtuals telegram channel. - FawkAI dev was called by @carlosjmelgar who is followed by Base. - Yet to be called by quality KOLs.
Cons: - The dev doesn't have programming skills themselves - his GitHub is only forks, too.