EBI.eth retweeted
Nothing to see here 🚨🚨🚨
Just a guy who happens to own 25% supply of a coin he’s shilling as the unofficial coin of cryptopunks marking his territory against a donation to the @nodefnd
An Open Letter to @cryptopunks Owners
@nodefnd acceptance of the Punk Strategy (PNKSTR) donation raises serious questions about stewardship, accountability, and the risks being taken on behalf of Punk holders.
My thoughts below.
EBI.eth retweeted
LATEST: 🤖 SharpLink CEO Joseph Chalom told Paul Barron that Ethereum will play "a very important role as that uncensorable neutral rail" for AI agents.
EBI.eth retweeted
The $PNKSTR thesis was always simple
ETH overperforms-> wealth effects on Ethereum-> NFT and @cryptopunks demand/value multiplies-> all Strategies burning $PNKSTR
$PNKSTR is a leveraged bet on $ETH and the NFT market in general
Mania will return
Zoom out
You are so early
1B
EBI.eth retweeted
Feds hiked the rates.
The Broke Dealers don’t care, they’ve been broke in stocks.
More than a terminal.
2,222 broke dealers, dealing through every market cycle.
onchain on @RobinhoodCrypto , Very soon.
Deals innn…
EBI.eth retweeted
At the time this post was made, PNKSTR had a market cap of around $6M. Remember this number.
No one cares about ethereum:0xc50673edb3a7b94e8cad8a7d4e0cd68864e33edf anymore. Only Adam is still spending real money to buy Punks from the treasury at a premium.
Adam was the first to start this game, and he’s currently the last one still in the game.
Why am I posting this? Because I know that when PNKSTR explodes again, this post will be reposted massively.
EBI.eth retweeted
Punk Strategy sold another @cryptopunks #NFT.
All funds from the sale were used to buy and burn 1,03% of the ethereum:0xc50673edb3a7b94e8cad8a7d4e0cd68864e33edf supply 🔥
Punk Strategy now holds 37 CryptoPunks, and it will soon buy another one!
Punk #6096 bought for 34.94 ETH ($85,042 USD) by 0x6d59...97fd from 0x1244...4838 (pnkstr.eth) cryptopunks.app/cryptopunks/…
EBI.eth retweeted
you mint an NFT for 0.08 ETH
it goes to 4 ETH and you don't sell because it might hit 10
it goes to 10 ETH and you don't sell because it might hit 20
it goes back to 0.8 ETH and now you can't sell because you "missed" selling at 10
it goes to 0.01 ETH and now you hold forever because you're down bad
almost everyone who was in the 2021 NFT bull run went through this exact cycle at least once.
EBI.eth retweeted
Two Strategy punks have been sold by the protocol for 65.7 ETH
From all sales, 7.34% of PNKSTR has now been burned.
EBI.eth retweeted
Mint is live in ~1h40m.
· 1 for holding PNKSTR
· 1 for holding CMD
· 5 per S02 NFT (and 1 free claim)
· 3 per S01 NFT
24h allowlist window, then public opens (3 per wallet).
The allowlist is slightly over-allocated, but should easily hit public.
EBI.eth retweeted
We're 9 Punk sales away from 2 PunkStrategy Punks being the floor, listed at 32.83e and 32.89e.
If these Punks sell, 7.4M (0.74%) of the PNKSTR supply would be bought and burned.
EBI.eth retweeted
JUST IN: Iggy Azalea hit with federal class action lawsuit over MOTHER token, now down 99.5% from its all-time high.
EBI.eth retweeted
BTC > ETH > punks > $PNKSTR
As BTC's recovery continues, I expect eth and punks to run soon.
7 of the 42 cheapest listed punks are PNKSTR listings.
PNKSTR holds 41 punks priced up to 69 eth.
It will reprice quickly imo once its punks start to sell.
APESTR did a quick 8x with the recent BAYC renaissance, before giving back 75% of those gains as its inventory of listings depleted.
PNKSTR's listing are spread more evenly and it has the added benefit of fee contributions from other strategy tokens.
The protocol is a perpetual bid on punks.
Expect volatility but the potential upside is significant as the flywheel gains speed: the punks floor rises, PNKSTR's listings sell, its treasury accumulates more punks and the token supply burns.
NFA 🧷
EBI.eth retweeted
For the first time in its existence, PNKSTR is experiencing a rising punks floor and trading volume.
PNKSTR's cheapest listing is now 11th from floor. It was 38th 11 days ago.
PNKSTR is up ~50% over that time and now holds 41 punks.
At current prices, when PNKSTR's cheapest listing sells it will burn ~0.38% of PNKSTR supply.
4 of its listings are within 10% of floor. Punks are moving and these could sell in the next few days.
Meanwhile an inverse H&S is forming on the punks/weth chart, with the sharp reversal to form the right shoulder showing a similar pattern to the left shoulder and head break outs.
Punks inverse H&S target if it plays out: 144 ETH
PNKSTR target if that happens? $1+ seems feasible:
- PNKSTR @ $1 = $500m MC if 50% of tokens burn
- mid tier memes hit $1b last cycle
- PA will attract attention
- levered play on punks
- punks exposure for those who can't afford a punk
- buy & burns from other STR tokens
- the token works
NFA 🧷
EBI.eth retweeted
DEATHSTR Updates
We're excited to roll out three new updates to DEATHSTR.
1.
Starting from next season (Mooncats), we're increasing the discount available from 20%, to 30%! Bigger arb, bigger opportunities.
2.
Also next season, we will be introducing ERC20 fungible tokens into the voting queue!
Fungible tokens will be available in increments of ETH. example: 0.1 ETH worth of $PEPE
How it works:
- DEATHSTR buys a bag of tokens
- DEATHSTR mints an NFT representing the bag of tokens
- There will be a raffle queue just like there is now
- The winning wallet can purchase the NFT at a 20% discount
- Once purchased, the NFT is burned and the tokens are transferred to the buyer
3.
Starting tomorrow, you will be able to track DEATHSTR sales on X by following @deathstr_gg!
We're going to continue to roll out updates to DEATHSTR and will continue to make this the most effective strategy token on the blockchain!
The experiment continues.
EBI.eth retweeted
Thank you to the exchanges that have reached out to inquire about listing $DEATHSTR
As a fair launch, we do not hold tokens.
You will need to buy tokens on the open market, like everyone else.
deathstr.gg
EBI.eth retweeted
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But did you know you can now see exactly what your agent will look like in their new PRO form?
Check it out 🔽🙃🔽
village.terminal.markets/
