PunkStrategy ($PNKSTR) Bull

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@himgajria Poor Taiki

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@DefiIgnas I also hold $ETH but it is obviously Linux

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@theunipcs Ll

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@LDNCryptoClub

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@q__riviera @Rhynotic Agree, I the current pvp environment $PNKSTR doesn't stand much chance.
But slowly tokens will shift to stronger hands (or burn) and new Punks will be bought and listed waiting for the time liquidity starts rising again.

A slow cook but it will cook very hard

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@q__riviera $PNKSTR has absolutely no traction right now and @Rhynotic has abandoned the project for now (which in my mind is a big mistake since the bear market lows are the best time to launch new collections).

But if/when Punk floor starts moving the reflexivity in $PNKSTR will be huge

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@q__riviera Capitulation.
$100m

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@AcquaRagia93 @token_works The answers to both questions is yes.

[PunkStrategy ($PNKSTR) Bull @BroknBons]

$PNKSTR ready to start burning again with two @token_works Punks at floor

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@vangoyaa @TrustlessState sold.
That's what happened.

[Rhythm King @RhythmKing]

5 of the cheapest 12 punks listed are PNKSTR

That includes the punk PNKSTR bought yesterday (bottom right)

The lower 10% listing premium means the PNKSTR flywheel can spin very fast in a rising market

[PunkStrategy ($PNKSTR) Bull @BroknBons]

6 months ago $PNKSTR reached 300M market cap with only 4/5 Punks in the treasury.
Now with 40 Punks in the treasury, other perpetual revenue streams and a measly 15M marketcap some people really think they should be selling hard into every @token_works Punk sell.
NGMI

Higher

[PunkStrategy ($PNKSTR) Bull @BroknBons]

2 Punks sold, 1 bought. In just a few minutes, 0.7% of the $PNKSTR supply was burned forever.
Whale that had been dumping 20M $PNKSTR over the last month is now fully out of tokens.
Punk floor rising with 3 more @token_works Punks near.

[PunkStrategy ($PNKSTR) Bull @BroknBons]

Plus there is a very high chance whatever crazy-genius future idea @Rhynotic might think of next will also have some mechanism to buy and burn $PNKSTR.

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@missyounowhere @reesistancee @cryptopunks He is completely out of $PNKSTR and was the main seller into every rip for the last month

Higher

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@eth_fth Are you sure he sold everything?

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@metabloxx @nullinger @token_works He has been selling heavily for a month straight but probably done selling for now

[PunkStrategy ($PNKSTR) Bull @BroknBons]

@Snappaz No, not yet.
But 10% of the trading fees for the new ten thousand tokens will be used to buy and burn $PNKSTR, starting next week.

[PunkStrategy ($PNKSTR) Bull @BroknBons]

Fair value for all Ten Thousand Tokens NFTs should correspond roughly to 30% of expected trading fees for the launchpad.
With each NFT trading at 0.14 ETH that's 1400 ETH implied value.

Meanwhile people are forgetting 10% of the trading fees go to buying and burning $PNKSTR