Introduction

With increasing centralization, collusion and market manipulation, the degen space has stacked the cards increasingly in favor of developers; and to the detriment of traders (and inadvertently, callers). While the negative impacts of this are widely discussed and acknowledged, the longer term impacts on the ecosystem as a whole are unclear and could be catastrophic.

This is further compounded by the proliferation of honeypots, rugs and other bad actors in the space damaging traders and investors at a rate that was not previously possible.

With trust waning, $ECHO's team are creating a utility that bridges the gap between callers and traders, creating more transparency in the space. This will benefit good callers and all traders once implemented and widely adopted.

We have designed a simple tool that ranks the effectiveness of callers around three primary metrics: trust, engagement and reach. This makes it easier for traders to trust callers with good track records, rather than simply enormous followings. You can then filter through callers and snipe their mentioned cashtags directly through the Echo Dapp. $ECHO is your new way to navigate, and your new way to trade!