COINOTAG News reports that Farcaster founder Dan Romero announced that the Clanker platform’s debut presale project, House, sold out within 30 seconds, with a hard cap of just 20 ETH.
Market sentiment labeled the event as a presale disaster after the sale relied on an outdated contract, enabling a whale to snap up about 16 ETH (roughly 80% of the allocation). Crucially, there was no per-wallet limit, which intensified concentration. Romero pledged that the sniping address would receive tokens only after seven days and that the next permissioned presale would safeguard fairness.
As of this writing, the HOUSE market capitalization stands near $1 million, with daily trading volume around $1.8 million and roughly 682 holders.