Plenty of NFT tokens trade on meme value alone. ethereum:0xc50673edb3a7b94e8cad8a7d4e0cd68864e33edf has a live protocol buying Punks, and now NODE is stewarding it. At ~$10M circulating, it feels overlooked. xitter.cf/nodefnd/status/2114033…
$FWA and $PNKSTR are still under $20M
Both generating real onchain activity,
while animal memes with zero utility casually trade at 10x.
Was trying to “Save Ethereum” the mistake?
Should’ve just shilled memes instead. Still betting the market eventually gets it right.
fth.eth retweeted
let me know when you guys are ready to get serious about Saving Ethereum with me @VitalikButerin @fundstrat
let me know when you guys are ready to get serious about Saving Ethereum with me @VitalikButerin @fundstrat
Thanks for the warning. I sold all my FWA at the bottom and successfully protected myself from the dangerous possibility of making money. xitter.cf/sjdedic/status/2084990…
I hated what FWA did from day 1 and tried to warn everyone out there. Extracting from your own users while giving the token holders nothing is exactly the kind of thing that keeps this industry stuck.
But honestly? Good. Let it hurt.
While I feel sorry for everyone who has lost money on this shitcoin, every blowup like this is another reminder that the extraction era is dying, and that ownership coins, token transparency frameworks, and tokens that actually be treated like equity onchain are the only way forward.
Bullish @MetaDAOProject
Bullish @Blockworks
Bullish on every founder thinking long term enough to be 100% committed to their token, or otherwise not launching one at all.
This is the only path forward. And I keep wondering how many more times we need to get rugged before we finally understand that.
All these punks were bought by a new collector in the last month. Do we have any idea who he is?xitter.cf/punksauctions/status/2…
0x479a…e3fc
Acquired CryptoPunk #4456 for Ξ48.87 ($87,108)
Now holds 21 CryptoPunks
punks.auction/punks/4456
ALT Grid of 0x479a…e3fc's 21 CryptoPunks, with 1 newly acquired punk enlarged.
fth.eth retweeted
I think $PNKSTR is severely undervalued right now.
Most people still see it mainly as a proxy for the Punks vault but Adam has consistently integrated PNKSTR buybacks into every new project.
At this point, it’s basically becoming the ecosystem token for the entire TokenWorks universe.
Probably worth taking a bet on it before more people start to realize that, especially before the 0.1% fee on every TTT trade kicks in.
This wallet dumped its remaining 11.5 million $PNKSTR. Before the dump, it bought 2 Strategy Punks from the floor, trying to benefit from the price increase but dumped all his coins before the protocol had even finished processing its purchases.
A wallet bypassing 10% fees via specific LPs has been dumping $PNKSTR for a while. They still hold 15M. Honestly, it’s satisfying to see those who hurt the protocol bleed at the bottom.
This is just a preview of what strategy tokens will look like once the NFT market returns to its glory days $APESTR @token_works
BAYC floor is sitting on the strategy platform right now. Time to burn some more $APESTR @token_works
If you want a decentralized future, you shouldn't stay silent while North Korea steals millions. If you can freeze it, then freeze it; it’s that simple. Refusing to freeze these funds when you have the means isn't decentralization, it's stupidity. Well done, @arbitrum
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
Bored Ape FP jumped 30% today & $APESTR soared 100% by selling some Apes. Strategy coins act like no-liq leveraged longs on NFTs. More NFTs are held at higher levels. FP 6-9 ETH sold ~5 Apes; at 15 ETH, 30+ will sell. Upcoming moves will be even more aggressive. @token_works
Minted 3 @token_works S02 NFTs. Really excited to see what @Rhynotic is cooking for the future.
